Sunac China (01918): Approximately 64% of holders of outstanding debt have joined the restructuring support agreement.

date
28/05/2025
Wisdom Financial APP information, Sunac China (01918) announced progress in overseas debt restructuring, and the deadline for early bird consent fees was set at 5:00 pm on May 23, 2025 in Hong Kong time. As of the date of this announcement, approximately 82% of the holders of the company's outstanding overseas US dollar bonds, convertible bonds, and mandatory convertible bonds (existing securities) have submitted letters to join the restructuring support agreement, and overall approximately 64% of the holders of the total outstanding debt (including the aforementioned existing securities) have submitted letters to join the restructuring support agreement. In addition, the company is aware that several creditors are currently undergoing necessary procedures to join the restructuring support agreement.