Reasons of thunder explosion in Dexin real estate

Regarding the issue of funds, according to official website of Dexin Holding Group Co., Ltd., the replacement offer scheme was rejected by creditors. ..

1. Funding problem: Dexin China announced that the company had not paid the outstanding principal of USD 348 million and its interest, and the USD debt was paid on February 5, 65438 and was due on February 3.

2. The stock exchange offer scheme was rejected by creditors: in the stock exchange offer scheme mentioned in the announcement issued by Dexin China on June 5438+065438+1October 2 1 000, the stock exchange consideration for each $ KLOC-0/000 of the existing notes is the new notes with the principal amount of 975 dollars due in 2024 and the upfront payment of 25 dollars. The scheme was rejected by the creditors and did not agree.