Xinyuan Real Estate Co., Ltd. is advancing its offshore debt restructuring efforts for its US dollar-denominated notes through a Scheme of Arrangement under the Cayman Islands Companies Act. The company aims to fully discharge its liabilities under the Scheme Notes, thereby enhancing financial certainty. Currently, around 33% of note holders have shown support by signing the Restructuring Support Agreement (RSA). Xinyuan has extended the RSA fee deadline to June 30, 2025, offering incentives to consenting creditors. The company is actively encouraging remaining note holders to accede to the RSA, and has provided a portal and information agent for assistance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.