Times China partly pays interest in kind, boosting 2029 notes principal by US$29.24 million

Times China elected to partly defer interest due Sept. 30, 2026 on its 4.0% Senior Notes due 2029 via payment-in-kind; cash interest was USD 964,729 and PIK interest USD 2.89 million, lifting principal to USD 195.84 million. Interest due Sept. 30, 2026 on the 4.2% due 2032 and 4.5% due 2033/2035 notes will be fully paid in kind.