Xinyuan Real Estate Co., Ltd. has announced its plans for a strategic restructuring initiative, which includes a proposed spin-off of its PRC real estate development operations and an offshore debt restructuring. The spin-off will transfer equity interests, land banks, and development rights to a new entity, Xin SpinCo, which will be a separate SEC-reporting company. This move, expected to complete by December 15, 2025, aims to unlock long-term value for stakeholders and enhance transparency. The restructuring process, conducted via a scheme of arrangement under Cayman Islands law, seeks to refocus Xinyuan's efforts on its international operations and financial services, while improving its asset-liability ratio. Existing shareholders will receive shares of Xin SpinCo on a pro rata basis.
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