Xinyuan Real Estate Co (XIN) has released an update.
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Xinyuan Real Estate Co. has successfully secured the necessary consents to amend provisions on its senior notes due 2027. The amendments include reducing minimum cash interest requirements and removing certain mandatory redemption clauses. This move aims to address previous defaults and stabilize the company’s financial footing.
For further insights into XIN stock, check out TipRanks’ Stock Analysis page.
