LVGEM China Signs Restructuring Pact With Offshore Creditors

MT Newswires Live
10/05

LVGEM (China) Real Estate Investment (HKG:0095) has entered into a restructuring support agreement with key offshore creditors, according to a Monday filing with the Hong Kong bourse.

The agreement, signed Sept. 30, sets out the principal terms of the proposed restructuring, which the company plans to implement through a scheme of arrangement subject to required approvals.

Creditors can choose among short-term notes, long-term notes, or full conversion of their claims into equity.

Under the equity option, creditors would convert 100% of their principal claims into shares, while accrued and unpaid interest would be waived.

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

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10