BRIEF-Sunac China Announces Progress Of Offshore Debt Restructuring

Reuters
26 May
BRIEF-Sunac China Announces Progress Of Offshore Debt Restructuring

May 26 (Reuters) - Sunac China Holdings Ltd 1918.HK:

  • PROGRESS OF OFFSHORE DEBT RESTRUCTURING

  • EARLY CONSENT FEE DEADLINE HAS EXPIRED AT 5:00 P.M. HONG KONG TIME ON 23 MAY 2025

  • IN AGGREGATE 64% OF AGGREGATE OUTSTANDING PRINCIPAL AMOUNT OF EXISTING DEBT HAVE SUBMITTED LETTERS TO ACCEDE TO RSA

  • HOLDERS OF 82% OF AGGREGATE OUTSTANDING PRINCIPAL AMOUNT OF OFFSHORE US DOLLAR-DENOMINATED NOTES, OTHERS, SUBMITTED LETTERS TO ACCEDE TO RSA

Further company coverage: 1918.HK

((Reuters.Briefs@thomsonreuters.com;))

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