If the bond holders do not accept the changes in the terms and conditions of the bonds, issuers have the responsibility to negotiate to ensure the interests of investors.
In case the two sides fail to settle on an agreement through negotiation, the bond issuers must completely fulfil their responsibilities towards bond holders in accordance with the previously announced bond issuance plans.
The new government decree also stipulates that bond principal and interest payments can be made using other assets in line with applicable laws, subject to the approval of bond holders.
Bond issuers must publicise abnormal information and take full responsibility for the legal status of the assets used to pay bond principals and interests.
