Brief: Sunac China Reaches Agreement With Certain Major Creditors On Offshore Debt Restructuring Plan
17/04/2025 16:09
April 17 (Reuters) - Sunac China Holdings Ltd 1918.HK: REACHED AGREEMENT WITH CERTAIN MAJOR CREDITORS IN RESPECT OF OFFSHORE DEBT RESTRUCTURING PLAN INITIAL CONSENTING CREDITORS HOLDING APPROXIMATELY US$1.3 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF DEBT HAVE SIGNED RSA COMPANY IS AWARE THAT CREDITORS HOLDING MORE THAN US$1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF DEBT HAVE EXPRESSED SUPPORT TO RESTRUCTURING PLAN SCOPE OF RESTRUCTURING INCLUDES OFFSHORE DEBTS WITH DEBT CLAIMS OF US$9.55 BILLION IN AGGREGATE AS OF 30 JUNE 2025 Further company coverage: 1918.HK ((Reuters.Briefs@thomsonreuters.com;))
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