Sunac China Holdings Ltd. has announced that it expects the effective date for its holistic offshore debt restructuring to occur on or around 23 December 2025, subject to the satisfaction or waiver of certain restructuring conditions. Upon this effective date, approximately US$9.6 billion of the company's existing debt will be fully discharged and released. In exchange, Sunac will issue new securities, MCB 1 and MCB 2, to scheme creditors in accordance with the terms of the restructuring scheme. The company has also entered into the Chiyu Restructuring Deed as part of the process. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunac China Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251217-11958813), on December 17, 2025, and is solely responsible for the information contained therein.
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