Logan Group Secures Over 80% Creditor Support for Amended Debt Restructuring Plan

Reuters
Sep 25
Logan Group Secures Over 80% Creditor Support for Amended Debt Restructuring Plan

Logan Group Co. Ltd. announced that Offshore Creditors holding over 80% of its aggregate offshore debt have now acceded to the company's Amended Holistic Consensual Scheme Arrangement $(CSA)$ as of September 24, 2025. The company noted the smooth progress of the Amended Holistic Restructuring Proposal and confirmed that the Early Bird CSA Fee Deadline has expired. Logan Group expressed gratitude for creditor support and reaffirmed its commitment to implementing the restructuring proposal promptly to protect creditor interests. The company will continue to update shareholders and investors on material developments regarding its holistic debt restructuring process.

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