Sino-Ocean Group Holding Ltd. has announced updates regarding the restructuring of certain onshore corporate bonds and interbank directed debt financing instruments issued by its wholly-owned subsidiary, Beijing Sino-Ocean Group Holding Limited. Resolutions approved by bondholders include multiple settlement options for the affected bonds, such as cash repurchase, equity economic income rights, and debt settlement with assets, including proceeds from both residential and commercial projects. The company will initiate these options in sequence and will provide further details in subsequent announcements.
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