Hailong Holdings (01623.HK) has initiated a consent solicitation with existing noteholders on this date.

date
12/12/2025
Smart Financial News APP informs that Hailong Holdings (01623.HK) has announced that it has made progress in the proposed offshore debt restructuring of its existing notes. The company has conducted a consent solicitation targeting holders of the existing notes (9.75% senior secured notes due in 2024) on this date, with the aim of amending certain terms of the agreement governing the existing notes between the company and The Bank of New York Mellon, London Branch (as trustee) dated May 18, 2021 (as supplemented and amended by a first supplemental agreement dated October 23, 2025 and from time to time revised or supplemented, referred to as the existing agreement prior to the proposed revision), including extending the maturity date of the existing notes and various other changes.