BRIEF-Sunac China Announces Onshore Debt Restructuring

Reuters

2024-11-14

BRIEF-Sunac China Announces Onshore Debt Restructuring

Nov 14 (Reuters) - Sunac China Holdings Ltd 1918.HK:

SUNAC REAL ESTATE PRELIMINARILY PROPOSES A HOLISTIC DEBT RESTRUCTURING PLAN FOR BONDHOLDERS
MAXIMUM PRINCIPAL AMOUNT OF BONDS TO BE ACCEPTED UNDER THIS OPTION SHALL BE APPROXIMATELY RMB4.4 BILLION
OFFERING FOUR OPTIONS INCLUDING CASH TENDER OFFER UNDER DEBT RESTRUCTURING
PRINCIPAL AMOUNT OF BONDS TO BE ACCEPTED UNDER THIS OPTION SHALL BE APPROXIMATELY RMB3.0 BILLION

Further company coverage: 1918.HK

((Reuters.Briefs@thomsonreuters.com;))

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