Brief: Yuzhou Group Updates On Further Progress Of Holistic Solution For Offshore Debts

Yuzhou group Co

07/03/2024 15:14

March 7 (Reuters) - Yuzhou Group Holdings Co Ltd
 1628.HK :
    * FURTHER PROGRESS OF HOLISTIC SOLUTION FOR OFFSHORE DEBTS
    * RECEIVED FEEDBACK FROM CERTAIN HOLDERS HOLDING SIGNIFICANT
AMOUNT OF EXISTING NOTES THAT THEY SUPPORT PROPOSED
RESTRUCTURING
    * AS AT DATE HOLDERS REPRESENTING 73.6% OF AGGREGATE
OUTSTANDING
PRINCIPAL AMOUNT OF EXISTING PUBLIC NOTES HAVE ACCEDED TO RSA
    * AS AT DATE 64.9% OF AGGREGATE OUTSTANDING PRINCIPAL AMOUNT
OF
ADDITIONAL EXISTING DEBT INSTRUMENTS HAVE ACCEDED TO RSA
    * EXTENDED EARLY-BIRD RSA FEE DEADLINE TO 5.00 P.M. HONG
KONG TIME
ON 21 MARCH
    * EXTENDED GENERAL RSA FEE DEADLINE TO 5.00 P.M. HONG KONG
TIME ON
28 MAR


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