Brief: Yestar Healthcare Announces $197.9 Mln 9.5% Senior Notes Due 2026 Proposed Offshore Debt Restructuring

Yestar Healthcare Holdings

07/12/2023 24:29

Dec 7 (Reuters) - Yestar Healthcare Holdings Co Ltd
 2393.HK :
    * US$197.9 MILLION 9.5% SENIOR NOTES DUE 2026 PROPOSED
OFFSHORE
DEBT RESTRUCTURING
    * RESTRUCTURING OF EXISTING LIABILITIES OUTSTANDING UNDER
9.5%
SENIOR NOTES DUE 2026 INTENDED TO BE IMPLEMENTED VIA A CAYMAN
SCHEME
    * CAYMAN SCHEME WILL BE STRUCTURED AS A COMPROMISE BETWEEN,
AMONG
OTHERS, ISSUER AND PERSONS WHO HOLD A BENEFICIAL INTEREST IN
NOTES
    * ON NOV 30, RESTRUCTURING SUPPORT AGREEMENT WAS SIGNED BY,
AMONG
OTHERS, ISSUER AND CERTAIN SUBSIDIARIES WITHIN GROUP

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