FANTASIA (01777): Creditors Have Formally Signed or Effectively Joined Restructuring Support Agreement

Stock News

Oct 03

FANTASIA (01777) announced that as of 5:00 PM Hong Kong time on October 3, 2025, creditors holding approximately 84.54% of the company's (a) existing notes and (b) approximately 77.33% of the total outstanding principal amount of existing debt instruments have formally signed or effectively joined the restructuring support agreement. This represents a significant milestone in implementing the proposed restructuring. The company believes that upon completion of the restructuring, it will strengthen and optimize the group's balance sheet while providing a longer maturity profile, thereby creating maximum value for all stakeholders. The company is encouraged by and deeply appreciative of the strong support received to date. The company will continue to work diligently and collaborate closely with its advisors, participating creditors, and their respective advisors to advance the implementation of the proposed restructuring in accordance with the terms and conditions set forth in the restructuring support agreement and term sheet.

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This represents a significant milestone in implementing the proposed restructuring. The company believes that upon completion of the restructuring, it will strengthen and optimize the group's balance sheet while providing a longer maturity profile, thereby creating maximum value for all stakeholders. The company is encouraged by and deeply appreciative of the strong support received to date. The company will continue to work diligently and collaborate closely with its advisors, participating creditors, and their respective advisors to advance the implementation of the proposed restructuring in accordance with the terms and conditions set forth in the restructuring support agreement and term sheet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01777","symbol_name":"花样年控股","start_time":0,"source_url":"","article_id":"1176280330","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1176280330","pubTimestamp":1759500049,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"FANTASIA (01777) announced that as of 5:00 PM Hong Kong time on October 3, 2025, creditors holding approximately 84.54% of the company's (a) existing notes and (b) approximately 77.33% of the total...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01777":"花样年控股","BK1240":"房地产开发"},"translate_title":"花样年(01777)：债权人已正式签署或有效加入重组支持协议","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01777":1},"content_text":"FANTASIA (01777) announced that as of 5:00 PM Hong Kong time on October 3, 2025, creditors holding approximately 84.54% of the company's (a) existing notes and (b) approximately 77.33% of the total outstanding principal amount of existing debt instruments have formally signed or effectively joined the restructuring support agreement. 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