Sunac China Holdings Limited has reiterated the final procedural deadlines tied to its holistic offshore debt restructuring, focusing on residual creditors that have yet to claim their entitlements.
Key points
1. Filing deadline (Bar Time) • Residual creditors must submit all required documentation by 5:00 p.m. Hong Kong time on 12 May 2026. • Only creditors that file before this cut-off will be eligible to receive the outstanding restructuring consideration.
2. Trust arrangement • Unclaimed restructuring consideration has already been transferred to a holding period trust managed by the Holding Period Trustee. • The Trustee will distribute funds strictly to creditors that meet the documentation requirements.
3. Distribution timetable • Validly documented claims will be paid on the Holding Period Distribution Date, set for 9 June 2026. • Consideration linked to claims not filed by the Bar Time will be cancelled in accordance with the Holding Period Trust Deed.
4. Access to documentation • Detailed instructions and the full solicitation packet are available on the designated scheme website: https://projects.sodali.com/sunac.
The company emphasised that no extensions will be granted beyond the stated timelines. Failure to comply will forfeit a creditor’s right to the restructuring consideration.
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