COUNTRY GARDEN (02007): Extend the deadline for early bird restructuring support agreement fees and the deadline for general restructuring support agreement fees.

date
06/06/2025
avatar
GMT Eight
Country Garden (02007) issued an announcement that, according to the restructuring support agreement, the company may, at its discretion, unilaterally extend the early bird restructuring support agreement...
COUNTRY GARDEN (02007) announcement, according to the restructuring support agreement, the company may, at its discretion, unilaterally extend the deadline for the early bird restructuring support agreement fee and/or the general restructuring support agreement fee ("restructuring support agreement fee deadline"), subject to certain specific limitations set out in the restructuring support agreement. The company understands that many creditors have not yet joined the restructuring support agreement, but they support the restructuring proposal. These creditors are undergoing their regular internal approval processes and can formally join the restructuring support agreement after approval. In the current situation, the company plans to continue exercising this discretion until further notice. If the company decides to avoid exercising its discretion to extend the restructuring support agreement fee deadline, it will provide further updates. Before providing such further updates, creditors who have already joined the restructuring support agreement will be eligible to receive the early bird restructuring support agreement fee. All existing debt holders who have not yet signed or joined the restructuring support agreement may consider the terms of the agreement (available on the trading website (https://projects.sodali.com/countrygarden) and promptly deliver the filled and signed accession letter (including the amount held along with evidence of their beneficial ownership) to the information agent (acting on behalf of the company) through the portal (https://portal.sodali.com/countrygardenRSA) to join the restructuring support agreement. Existing debt holders who have formally completed the above steps and signed or joined the restructuring support agreement before the original early bird restructuring support agreement fee deadline or earlier do not need to take any action. Apart from the modifications mentioned above, all other terms and conditions of the restructuring support agreement remain unchanged.