China Aoyuan Extends Offshore Debt Restructuring Holding Period; Shares Slip 2%

MT Newswires Live
Sep 22

China Aoyuan (HKG:3883) said it has extended the holding period under its offshore debt restructuring schemes by three months to Dec. 22, according to a Friday Hong Kong bourse filing.

Shares of the property developer were down nearly 2% in Monday morning trade.

The extension also moves the bar date for creditors to submit documentation to Dec. 1, the filing said.

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