Brief: Redco Properties Proposes Debt Restructuring
28/08/2026 16:28
BRIEF-Redco Properties Proposes Debt Restructuring Aug 28 (Reuters) - Redco Properties Group Ltd 1622.HK:
PROPOSED DEBT RESTRUCTURING
APPOINTS HAITONG INTERNATIONAL SECURITIES AS FINANCIAL ADVISER FOR RESTRUCTURING
FORMULATED A RESTRUCTURING PROPOSAL IN RESPECT OF GROUP'S FINANCIAL INDEBTEDNESS
GROUP'S FINANCIAL INDEBTEDNESS ESTIMATED TO HAVE AN AGGREGATE OUTSTANDING PRINCIPAL AMOUNT US$2.2 BILLION
WILL WORK WITH ITS CREDITORS WITH A VIEW TO FACILITATING IMPLEMENTATION OF RESTRUCTURING
Further company coverage: 1622.HK
((Reuters.Briefs@thomsonreuters.com;))
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