Sino-Ocean Group Advances Onshore Debt Restructuring Talks, Completes USD 6.38 Billion Offshore Debt Restructuring

Reuters
2025/09/30
Sino-<a href="https://laohu8.com/S/1B6.SI">Ocean</a> Group Advances Onshore Debt Restructuring Talks, Completes USD 6.38 Billion Offshore Debt Restructuring

Sino-Ocean Group Holding Limited has announced significant progress in its ongoing restructuring efforts. The company is actively negotiating with investors to finalize an Onshore Debts Restructuring Plan, which aims to adjust repayment arrangements for certain onshore bonds and interbank debt instruments. The proposed plan offers multiple settlement options, including cash repurchase, equity economic income rights, and debt-for-asset settlements. Trading of seven onshore corporate bonds has been suspended on the Shanghai Stock Exchange to facilitate the process. Meanwhile, the company's offshore debt restructuring became effective in March 2025, with creditors exchanging approximately USD 6.38 billion in existing debts and loans for new financial instruments. Sino-Ocean is also implementing measures to accelerate property sales, collect outstanding receivables, and further reduce costs to preserve liquidity. Investors are advised to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sino-Ocean Group Holding Ltd. published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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