CIFI Holdings' Onshore Bond Restructuring Proposal Approved by Creditors

Reuters
Sep 15
<a href="https://laohu8.com/S/00884">CIFI Holdings</a>' Onshore Bond Restructuring Proposal Approved by Creditors

CIFI Holdings (Group) Co. Ltd. has announced that its Proposed Onshore Bond Restructuring Proposal has been approved by the relevant bondholders. This proposal includes adjustments to the repayment arrangements for the principal and interest on seven existing corporate bonds issued by CIFI PRC. The restructuring options provided include bond repurchase, equity economic income rights, settling debt via assets, and general creditor claims. CIFI PRC will facilitate the selection and distribution process for the bondholders according to the approved proposal. The company advises investors to exercise caution and seek professional advice when dealing with its securities.

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