Landsea Green Management Seeks to Extend Maturity, Lower Interest Rate on 10.75% Bonds

MT Newswires Live

2024/09/30

Landsea Green Management (HKG:0106) is seeking consent from holders of its 10.75% senior notes, due in 2024, to amend key terms and waive some conditions as it may miss interest payments and upcoming debt maturities due to financial difficulties, according to a Monday filing with the Hong Kong bourse.

There is an outstanding amount of US$94.5 million on the notes, and the company seeks to extend the maturity of the bonds, lower the interest rate, and repay in installments to improve liquidity and cash flow.

The consent solicitation process began on Sept. 30 and will conclude on Oct. 18 with at least 75% approval from the bondholders needed for the amendments to take effect. If successful, the amended terms will become binding on all bondholders by Oct. 23.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2471848107"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2471848107\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2471848107?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-30 11:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2471848107","market":"sh","top_or_hot":-1,"title":"Landsea Green Management Seeks to Extend Maturity, Lower Interest Rate on 10.75% Bonds","media":"MT Newswires Live","content":"<html><body><p> Landsea Green Management (HKG:0106) is seeking consent from holders of its 10.75% senior notes, due in 2024, to amend key terms and waive some conditions as it may miss interest payments and upcoming debt maturities due to financial difficulties, according to a Monday filing with the Hong Kong bourse.</p><p>There is an outstanding amount of US$94.5 million on the notes, and the company seeks to extend the maturity of the bonds, lower the interest rate, and repay in installments to improve liquidity and cash flow.</p><p>The consent solicitation process began on Sept. 30 and will conclude on Oct. 18 with at least 75% approval from the bondholders needed for the amendments to take effect. If successful, the amended terms will become binding on all bondholders by Oct. 23.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Landsea Green Management Seeks to Extend Maturity, Lower Interest Rate on 10.75% Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLandsea Green Management Seeks to Extend Maturity, Lower Interest Rate on 10.75% Bonds\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2024-09-30 11:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Landsea Green Management (HKG:0106) is seeking consent from holders of its 10.75% senior notes, due in 2024, to amend key terms and waive some conditions as it may miss interest payments and upcoming debt maturities due to financial difficulties, according to a Monday filing with the Hong Kong bourse.</p><p>There is an outstanding amount of US$94.5 million on the notes, and the company seeks to extend the maturity of the bonds, lower the interest rate, and repay in installments to improve liquidity and cash flow.</p><p>The consent solicitation process began on Sept. 30 and will conclude on Oct. 18 with at least 75% approval from the bondholders needed for the amendments to take effect. If successful, the amended terms will become binding on all bondholders by Oct. 23.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00106","symbol_name":"朗詩綠色管理","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2471848107","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2471848107","pubTimestamp":1727667468,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Landsea Green Management  is seeking consent from holders of its 10.75% senior notes, due in 2024, to amend key terms and waive some conditions as it may miss interest payments and upcoming debt maturities due to financial difficulties, according to a Monday filing with the Hong Kong bourse.There is an outstanding amount of US$94.5 million on the notes, and the company seeks to extend the maturity of the bonds, lower the interest rate, and repay in installments to improve liquidity and cash flow.The consent solicitation process began on Sept. 30 and will conclude on Oct. 18 with at least 75% approval from the bondholders needed for the amendments to take effect. If successful, the amended terms will become binding on all bondholders by Oct. 23.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00106":"朗诗绿色管理","BK1240":"房地产开发"},"translate_title":"朗诗绿色管理寻求延长期限，降低10.75%债券利率","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00106":0.9},"content_text":"Landsea Green Management (HKG:0106) is seeking consent from holders of its 10.75% senior notes, due in 2024, to amend key terms and waive some conditions as it may miss interest payments and upcoming debt maturities due to financial difficulties, according to a Monday filing with the Hong Kong bourse.There is an outstanding amount of US$94.5 million on the notes, and the company seeks to extend the maturity of the bonds, lower the interest rate, and repay in installments to improve liquidity and cash flow.The consent solicitation process began on Sept. 30 and will conclude on Oct. 18 with at least 75% approval from the bondholders needed for the amendments to take effect. If successful, the amended terms will become binding on all bondholders by Oct. 23.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}