Brief: Kaisa Group Updates On Progress Of Offshore Debt Restructuring
20/08/2024 01:17
Aug 20 (Reuters) - Kaisa Group Holdings Ltd 1638.HK :
* SIGNIFICANT PROGRESS OF OFFSHORE DEBT RESTRUCTURING
* ENTERED INTO A RESTRUCTURING SUPPORT AGREEMENT WITH AHG
* RESTRUCTURING CONSIDERATION FOR SCHEME CREDITORS SHALL
CONSIST
OF SIX TRANCHES OF US$ DENOMINATED SENIOR NOTES, OTHERS
* RESTRUCTURING CONSIDERATION FOR SCHEME CREDITORS SHALL
CONSIST
OF EIGHT TRANCHES OF US$ DENOMINATED MANDATORY CONVERTIBLE BONDS
Further company coverage: 1638.HK
((Reuters.Briefs@thomsonreuters.com;))
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