Fantasia Holdings Secures Creditor Support for Restructuring Amid Ongoing Asset Disposal and Cost-Cutting Efforts

Reuters
Sep 30
Fantasia Holdings Secures Creditor Support for Restructuring Amid Ongoing Asset Disposal and Cost-Cutting Efforts

Fantasia Holdings Group Co. Ltd. has entered into a restructuring support agreement (RSA) with a special committee of creditors representing over 34.9% of the company's outstanding notes. As of September 22, 2025, creditors holding approximately 84% of existing notes and 74% of existing debt instruments have joined the agreement. The company is also in discussions with potential buyers to dispose of certain project companies and continues to streamline its human resources structure to reduce costs. Fantasia's board remains committed to proactively implementing measures to address uncertainties related to its going concern status and will provide further updates as progress is made.

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