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Kaisa Group creditors back near $13 billion offshore debt revamp

Kaisa Group creditors back offshore debt revamp

Kaisa Group - Rui Jing Hong Kong Scheme Was Approved by Requisite Majority of Creditors

THOMSON REUTERS

Kaisa Group - Further Information in Relation to Offshore Debt Restructuring - Results of Scheme Meetings

THOMSON REUTERS

Kaisa Group - 98.03% of Total Number and 97.14% of Total Value of Voting Kaisa Scheme Claims Voted in Favour of Kaisa Hong Kong Scheme

THOMSON REUTERS

Kaisa Group - Hearing of Petition Seeking Sanction of Kaisa Cayman Scheme Is Presently Scheduled to Take Place at 9:30 a.m. on 26 March 2025

THOMSON REUTERS

Greater China Stocks Fall; Hong Kong Posts Largest Decline

Logan Group Gets 80.8% Creditor Support for Holistic Restructuring Proposal

MT Newswires Live

BRIEF-Logan Group Announces Progress Of Holistic Restructuring

Logan Group secures backing from over 80% of creditors for $8 billion debt revamp

Logan Group says over 80% of its creditors back restructuring proposal

Logan Group - Creditors Holding More Than 80.8% of Company's Offshore Debt Amounting to US$6,207 Mln

THOMSON REUTERS

Logan - Creditors Holding More Than 80.8% of Part of Company's Offshore Debt Acceded to Holistic Csa

THOMSON REUTERS

Logan Group - Progress of Holistic Restructuring

THOMSON REUTERS

Logan Group - Aggregate Principal Amount Amounting to US$6,207 Mln of Offshore Debt

THOMSON REUTERS

BYD's Smart Driving System May Help Retain Its Leading Position in China EV Industry -- Market Talk

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Hong Kong Posts Largest Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2514122373","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514122373?lang=en_us&edition=fundamental","pubTime":"2025-02-28 16:30","pubTimestamp":1740731400,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Hong Kong's Hang Seng Index fell 3.3% to 22941.32, and China's Shanghai Composite Index fell 2.0% to 3320.90. Taiwan's stock exchange was closed.Among Hang Seng constituents, BYD Electronic  Co. Ltd. posted the largest decline, dropping 11%, followed by shares of Longfor Group Holdings Ltd., which dropped 8.9%. Shares of Xinyi Solar Holdings Ltd. dropped 8.6%.Galaxy Entertainment Group Ltd. was the biggest gainer among companies on the Hang Seng, gaining 1.9%, and China Shenhua Energy Co. Ltd. gained 1.2%. Sands China Ltd. rounded out the top three movers on Friday, as shares rose 0.5%.Among large mainland China stocks, Cloudwalk Technology Co. Ltd. A posted the largest decline, dropping 16%, followed by shares of Sichuan Huafeng Technology Co. Ltd. A, which dropped 16%. Shares of EFORT Intelligent Equipment Co. Ltd. dropped 15%.KBC Corp. Ltd. A was the biggest gainer during the session, surg","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1515","BK0006","688327","LU0594300419.USD","601088","00960","BK0266","LU0607220059.USD","LU1166156734.SGD","BK1149","BK1582","LU0348784397.USD","600734","600665","00027","IE00BZ08YR35.GBP","BK1580","LU1880383366.USD","BK0273","BK1610","LU0417516571.SGD","LU0048597586.USD","LU0384037296.USD","LU1983299162.USD","01088","BK0235","LU0651946864.USD","BK1554","LU0274383008.USD","688598","LU1282649810.SGD","LU0287142896.SGD","BK0188","00285","BK1504","LU0149534421.HKD","BK1169","IE00BZ08YS42.EUR","BK1607","LU0488056044.USD","BK1594","LU1211504680.USD","00968","688165","01928","BK0041","LU1048596156.SGD","SCHYY","LU0228367735.SGD","BK0028"],"gpt_icon":0},{"id":"2514396036","title":"Logan Group Gets 80.8% Creditor Support for Holistic Restructuring Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2514396036","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514396036?lang=en_us&edition=fundamental","pubTime":"2025-02-28 13:06","pubTimestamp":1740719174,"startTime":"0","endTime":"0","summary":"Logan Group  said creditors holding 80.8% of its $6.2 billion offshore debt have acceded to the holistic creditor support agreement  signed with the Ad Hoc Group as of Thursday, according to a same-day filing with the Hong Kong bourse.The general credit support agreement expired Thursday. The company said it will implement the holistic restructuring proposal as soon as possible and it continues to invite offshore creditors to accede to the Holistic CSA.The property developer's share prices were down nearly 2% in recent trading.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1555","BK1240","BK1507","BK1582","03380"],"gpt_icon":0},{"id":"2514381598","title":"BRIEF-Logan Group Announces Progress Of Holistic Restructuring","url":"https://stock-news.laohu8.com/highlight/detail?id=2514381598","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514381598?lang=en_us&edition=fundamental","pubTime":"2025-02-27 23:30","pubTimestamp":1740670226,"startTime":"0","endTime":"0","summary":"BRIEF-Logan Group Announces Progress Of Holistic RestructuringFeb 27 (Reuters) - Logan Group Co Ltd 3380.HK:PROGRESS OF HOLISTIC RESTRUCTURINGCREDITORS HOLDING MORE THAN 80.8% OF PART OF COMPANY'S OFF","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nFWN3PI14A:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1240","BK1507","03380","BK1582","BK1555"],"gpt_icon":0},{"id":"2514386920","title":"Logan Group secures backing from over 80% of creditors for $8 billion debt revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=2514386920","media":"Reuters","labels":["corporation","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514386920?lang=en_us&edition=fundamental","pubTime":"2025-02-27 23:02","pubTimestamp":1740668564,"startTime":"0","endTime":"0","summary":"UPDATE 1-Logan Group secures backing from over 80% of creditors for $8 billion debt revampUpdates with details and background throughout. Feb 27  - Shenzhen-based property developer Logan Group 3380.HK said on Thursday it has received the backing for its restructuring proposal from more than 80.8% of its creditors, who together hold $6.21 billion of outstanding offshore debt.After having defaulted, the Hong Kong-listed real estate company offered to restructure majority of its $8.01 billion offshore debt in January.The company is aiming to restructure $7.56 billion of the total offshore debt, while seeking to relieve creditors of its additional $476 million offshore debt under separate financing instruments.Since China's property crisis unravelled in 2021, several developers in the country, including China Evergrande Group 3333.HK, have faced liquidation lawsuits by creditors, with some firms already ordered to dissolve.The country's highly indebted developers began tackling the restru","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nL3N3PI1GX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1240","03380","BK1521","BK1555","BK1598","BK1582","BK1507","01918","03333"],"gpt_icon":0},{"id":"2514383799","title":"Logan Group says over 80% of its creditors back restructuring proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2514383799","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514383799?lang=en_us&edition=fundamental","pubTime":"2025-02-27 22:39","pubTimestamp":1740667150,"startTime":"0","endTime":"0","summary":"Logan Group says over 80% of its creditors back restructuring proposalFeb 27  - Shenzhen-based developer Logan Group 3380.HK said on Thursday its creditors, who hold more than 80.8% of the firm's total offshore debt, has backed its restructuring proposal.   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