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Sunac China Secures Approval for Onshore Debt Restructuring
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Sunac China Secures Approval for Onshore Debt Restructuring

Story Highlights
  • Sunac China Holdings is a real estate company focusing on property development.
  • The company received approval for its onshore debt restructuring plan offering diverse repayment solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Sunac China Holdings ( (HK:1918) ) has shared an announcement.

Sunac China Holdings has announced that its onshore debt restructuring plan has been approved by relevant creditors. This involves restructuring ten corporate bonds through options such as bond repurchase, equity payment, and asset-based debt settlement, potentially enhancing the company’s financial stability and offering diverse repayment solutions to bondholders.

More about Sunac China Holdings

Sunac China Holdings Limited is a real estate company incorporated in the Cayman Islands, focusing on property development and management, primarily through its wholly-owned subsidiary Sunac Real Estate Group Co., Ltd.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.91B

See more insights into 1918 stock on TipRanks’ Stock Analysis page.

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