Yuzhou Group (01628): Has obtained the consent of the vast majority of eligible holders of short-term notes.

date
27/08/2025
avatar
GMT Eight
Yuzhou Group (01628) announced that, with the extension of the maturity date, the company has received from the vast majority of short-term notes ...
YUZHOU GROUP (01628) announces that, following an extension of the deadline, the company has received the consent of the vast majority of eligible holders of short-term notes (representing approximately 96.35% of the total outstanding principal amount of the short-term notes to be allocated on the effective date of the restructuring (before capitalization of accrued interest)). It is recommended to amend the expected effective date to be shortly after the issuance of the short-term notes on the effective date of the restructuring. The company hereby sincerely thanks all stakeholders (including planned creditors) for their continued strong and steadfast support in consenting and recommending the restructuring.