BRIEF-Kaisa Group Says Restructuring Effective Date Shall Occur On Date To Be Announced By Co

Reuters11-29

Nov 29 (Reuters) - Kaisa Group Holdings Ltd 1638.HK:

RESTRUCTURING EFFECTIVE DATE SHALL OCCUR ON A DATE TO BE PUBLICLY ANNOUNCED BY COMPANY
RESTRUCTURING INVOLVES, IN EXCHANGE FOR FULL RELEASE AND DISCHARGE OF RELEVANT CLAIMS AGAINST OBLIGORS
COMPANY AND MEMBERS OF AHG ENTERED INTO AHG WORK FEE LETTER
WILL ISSUE US$ DENOMINATED MANDATORY CONVERTIBLE BONDS WHICH SHALL BE ALLOCATED TO EACH SCHEME CREDITOR
WILL ISSUE EIGHT TRANCHES OF US$ DENOMINATED MANDATORY CONVERTIBLE BONDS

Further company coverage: 1638.HK

((Reuters.Briefs@thomsonreuters.com;))

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