Logan Group Company Limited has announced progress in its holistic restructuring process. The company, along with its advisors, is finalizing the restructuring proposal and documents, which address bilateral bank loans and perpetual securities. Shenzhen Logan Holdings Co., Limited, a wholly-owned subsidiary, has also put forward a restructuring proposal for 21 onshore corporate bonds and asset-backed securities (ABS), offering options such as full conversion into designated assets, debt-for-asset swaps, cash repurchase, equity economic rights, and debt rollover. Stakeholders will be informed of any significant developments as they occur.
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