Shui On Land Limited (272) published the final results of its tender offer for outstanding notes issued by its subsidiary, Shui On Development. The company reported that US$295,218,000 in aggregate principal amount of the notes were validly submitted and accepted, representing 73.80% of the total principal amount outstanding.

Shui On Development concurrently issued US$300,000,000 in aggregate principal amount of new notes on January 26, 2026. According to the announcement, the aggregate consideration expected to be paid to eligible holders of the tendered notes is US$297,309,127.68, including accrued interest. The final settlement date for the accepted notes is anticipated to be January 29, 2026.