KWG GROUP's domestic debt restructuring plan has been approved by relevant creditors
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According to the Zhitong Finance APP, KWG GROUP announced that the restructuring plan for two domestic corporate bonds issued by the company and one domestic corporate bond issued by its wholly-owned subsidiary Guangzhou KWG Holding Group Co., Ltd. has been fully approved by the relevant bondholders' meetings. The principal and interest repayment arrangements for the three bonds will be adjusted, providing options including discounted cash repurchase, asset settlement, full conversion of general claims, and full retention of debts
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