HILONG (01623) Launches Consent Solicitation for Offshore Debt Restructuring of Existing Notes

Stock News12-11

HILONG (01623) announced progress on its proposed offshore debt restructuring for existing notes. The company has initiated a consent solicitation today targeting holders of its existing 9.75% priority secured notes due 2024. The solicitation aims to amend certain terms of the indenture governing the notes, originally dated May 18, 2021, between the company and The Bank of New York Mellon, London Branch (as trustee). The proposed amendments include extending the maturity date of the existing notes and implementing other modifications. The indenture was previously supplemented by the first supplemental indenture dated October 23, 2025, and may have been further amended or supplemented.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment