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    6900 — Sunkwan Properties News Story

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    Brief: Sunkwan Properties Announces Consent Solicitation For 12.25% Senior Notes Due 2023

    Picture of Sunkwan Properties logoSunkwan Properties
    05/10/2022 05:10
    Oct 5 (Reuters) - Sunkwan Properties Group Ltd
 6900.HK :
    * ANNOUNCES CONSENT SOLICITATION RELATING TO 12.25% SENIOR
NOTES
DUE 2023
    * SOLICITING CONSENTS FROM HOLDERS OF NOTES TO PROPOSED
AMENDMENT
TO INDENTURE DATED AS OF JULY 18, 2022
    * ANTICIPATES MARKET CONDITION IN REAL ESTATE SECTOR WILL
REMAIN
UNDER PRESSURE IN 2022
    * CONSENT SOLICITATION TO AMEND PROVISION REQUIRING CO TO
REDEEM
NOTES IN PRINCIPAL $12.6 MILLION & ACCRUED & UNPAID INTEREST ON
OCT 18

Source text for Eikon:  ID:nHKS6Q8R8H 
Further company coverage:  6900.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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