E-HOUSE ENT (02048): Extend Irrevocable Restructuring Support Invitation
Easy Group Holdings Limited (02048) issued an announcement, stating that the company is encouraged by the strong support of overseas debt holders for the restructuring. The company is pleased to announce that as of 5:00 pm on December 5, 2025 (Hong Kong time), overseas debt holders representing approximately 62.35% of the outstanding principal amount of overseas debts have joined and/or agreed to take action to join the restructuring support agreement. These overseas debt holders will be bound by the terms of the restructuring support agreement as if they were original contracting parties to the agreement upon valid signing and submission of their respective accession letters and restricted notes notifications.
E-HOUSE ENT (02048) issued an announcement that the company is greatly encouraged by the strong support of overseas debt holders for the restructuring. The company happily declares that as of 5:00 pm on December 5, 2025 (Hong Kong time), overseas debt holders representing approximately 62.35% of the outstanding principal amount of overseas debts have joined or agreed and are taking steps to join the restructuring support agreement. These overseas debt holders will be bound by the restructuring support agreement as if they were original contracting parties to the agreement upon valid signing and submission of their respective subscription letters and restricted notes notices.
Since this announcement, the company has received feedback from several note holders indicating their support for the restructuring, but requesting more time to complete internal processes and join the process. The company hereby announces that it has immediately extended the deadline for the restructuring support agreement from 4:00 pm on December 5, 2025 (London time) to 4:00 pm on January 9, 2026 (London time) (the extended deadline for the restructuring support agreement).
Note holders who submit formally executed subscription letters and restricted notes notices to the restructuring support agreement before the extended deadline are fulfilling one of the conditions for payment of the restructuring advisory fee (including other conditions further detailed in this announcement).
The terms and conditions of the restructuring support agreement and all other provisions of the irrevocable invitation to restructure as stated in this announcement remain unchanged.
The company sincerely and continuously invites all note holders to submit formally signed subscription letters and restricted notes notices to the restructuring support agreement before the extended deadline, so that the restructuring can proceed in an effective manner that aligns with the interests of the overseas debt holders and the company as a whole.
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