Logan Group says the restructuring proposal for 21 onshore corporate bonds and asset-backed securities issued by its subsidiary Shenzhen Logan has been approved by bondholders, according to an HKEX filing.
- Repayment arrangements of the 21 Bonds will be adjusted
- Restructuring proposal options, including full conversion into designated assets, asset-for-debt swap, cash repurchase and equity economic rights, will be offered
- Co. will arrange for bondholders to select and receive allocations of the restructuring proposal options
- NOTE: June,
China Developer Logan to Revise Onshore Debt Restructuring Plan
To view the source of this information, click
To contact the reporter on this ...