Kaisa Group Holdings Ltd. (HK:1638) has released an update.
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Kaisa Group Holdings Ltd. has announced significant progress in the restructuring of its offshore debt, having entered into a restructuring support agreement with a major creditor group. The agreement aims to provide the company with financial stability and protect the interests of all stakeholders. Kaisa Group is now urging other creditors to join the agreement to facilitate a successful restructuring through various schemes of arrangement in multiple jurisdictions.
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