Kaisa Group (HKG:1638) said it has completed a consent solicitation relating to six series of restructured offshore notes, according to a Tuesday Hong Kong bourse filing.

Shares of the property developer were down nearly 5% in Wednesday's late morning trade.

The proposed amendments have become effective and binding on all holders of the relevant series of notes, including those who did not consent, the company said.

The company set April 1 as the special record date for the December 2025 cash interest amount totaling $23.4 million, equivalent to HK$182.9 million at the fixed exchange rate.

The interest is expected to be paid on April 16 through the allotment and issuance of interest payment shares.