Property developer Sunac China says majority creditors approve restructuring plan
14/10/2025 12:48
Oct 14 (Reuters) - Sunac China 1918.HK said on Tuesday that its offshore debt restructuring plan was approved by a majority of creditors at a court-convened meeting in Hong Kong. The property developer said 98.5% of voting creditors, representing about 94.5% of the total voting claims, backed the plan, which covers about $7.96 billion in offshore debt. (Reporting by Roshan Thomas in Bengaluru; Editing by Shinjini Ganguli) ((Roshan.Thomas@thomsonreuters.com;))
Recent news on Sunac China Holdings
See all newsBrief: Sunac China Says Court Made Registration Order In Guarantee Contract Dispute Involving Chairman
Brief: Sunac China Says Group Will Begin Repaying Principal And Interest In June 2029
Brief: Sunac China Posts H1 Net Income Attributable RMB -12,540 Million
China's Sunac H1 revenue falls on lower property deliveries
Brief: Sunac China To Buy 100% Equity Interest In Sun Success Investment