- Times China launched a consent solicitation for holders of three series of senior notes to amend the indentures and waive specified actual or potential defaults and enforcement actions.
- The proposals include removing a 31 March 2026 sunset date tied to events of default carve-outs for “Excluded Offshore Indebtedness.”
- The solicitation covers USD 190.09 million of 4.0% senior notes due 2029 and USD 825.00 million of 4.2% senior notes due 2032.
- It also covers USD 400.00 million of 4.5% senior notes due 2033/2035, with consents required from at least 75% of the outstanding principal amount for each series.
- The consent solicitation expires at 4:00 p.m. London time on 16 April 2026, unless extended or terminated.
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. Times China Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JNFVZR8CCWOEJDI8) on March 26, 2026, and is solely responsible for the information contained therein.
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