
Sunac China: Domestic debt restructuring plan approved by relevant creditors

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Sunac China announced that its domestic debt restructuring plan has been approved by relevant creditors. According to the announcement, the restructuring plan for ten bonds will adjust the principal and interest repayment arrangements, providing options including cash tender offers, stock and/or equity economic benefit rights redemption, among others. Next, Sunac Real Estate will arrange for bondholders to select and allocate options from the restructuring plan
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