Brief: Country Garden Updates On Offshore Debt Restructuring

Country Garden Holdings

13/10/2025 16:06

Oct 13 (Reuters) - Country Garden Holdings Co Ltd 2007.HK:

UPDATE ON THE OFFSHORE DEBT RESTRUCTURING NOTICE OF SCHEME MEETINGS AND CONSENT SOLICITATION

COMPANY WILL IMPLEMENT PROPOSED RESTRUCTURING THROUGH EXISTING HKD CONVERTIBLE BONDS CONSENT SOLICITATION

COMPANY HAS HAD CONSTRUCTIVE DISCUSSIONS WITH CONCRETE WIN LIMITED

CONCRETE WIN HAS FURTHER EXECUTED AN IRREVOCABLE UNDERTAKING IN FAVOUR OF COMPANY

ISSUE PRICE OF HK$0.60 PER CAPITALISATION SHARE

CONCRETE WIN HAS IRREVOCABLY UNDERTAKEN TO SUBSCRIBE FOR ORDINARY SHARES IN COMPANY

INTENDS TO SETTLE BALANCE OF APPROXIMATELY US$1.14 BILLION OF SHAREHOLDER LOANS

SCHEME MEETING (CLASS 1) WILL BE CONVENED ON 5 NOVEMBER 2025

SCHEME MEETING (CLASS 2) WILL BE CONVENED ON 5 NOVEMBER 2025

Further company coverage: 2007.HK

 ((Reuters.Briefs@thomsonreuters.com;))