Summi Group Reaches Preliminary 48-Month Bank Debt Restructuring Deal

Reuters
Nov 14, 2025
Summi Group Reaches Preliminary 48-Month Bank Debt Restructuring Deal

Summi (Group) Holdings Limited has reached a preliminary restructuring agreement with its bank creditors, which includes an initial 48-month extension for overdue repayments. The company is in the advanced stages of finalizing documentation related to this agreement, which aims to settle outstanding borrowings and prompt the withdrawal of a winding-up petition filed against the company in January 2025. Summi is also actively engaging with other lenders and financial institutions regarding the renewal and extension of existing borrowings and corporate bonds due within the next year. Business operations with major suppliers and customers continue as usual, and the company is implementing strict cost controls and governance over capital expenditures.

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