Road King Infrastructure (HKG:1098) said it would again seek consent solicitations for amendments and waivers to five series of its guaranteed senior notes, according to a Monday Hong Kong bourse filing.

While holders representing a majority of the firm's previously issued debt voted in favor of the changes, some minority holders asked for specific clarifications and improvements to the amendments.

As a result, the company plans to launch a new consent solicitation process by July 18 with revised terms, it said.

The property developer previously proposed changing interest payments for one year starting in mid-2025 to payment-in-kind interest instead of cash.

The affected notes are the 6.7% March 2028 notes, 5.9% September 2028 notes, 6.0% March 2029 notes, 5.2% July 2029 notes, and 5.125% January 2030 notes.

The company had also sought waivers for potential defaults arising from these changes and the use of proceeds from designated asset sales to meet related expenses and interest payments.

Road King previously said the proposals aimed to ease short-term liquidity pressure and buy time to complete the disposal of key assets.