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China Ecotourism Group Proposes Bond Exchange to Streamline Debt Restructuring

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China Ecotourism Group Proposes Bond Exchange to Streamline Debt Restructuring

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China Ecotourism Group Limited ( (HK:1371) ) has shared an announcement.

China Ecotourism Group Limited has proposed an exchange of its outstanding New Option 1 Bonds for new unlisted bonds, aiming to streamline its debt restructuring process. This move is expected to save time and costs for the company, as it transitions the legal governance of these bonds from English law to Hong Kong law, potentially impacting stakeholders by altering the terms of bond holdings.

More about China Ecotourism Group Limited

China Ecotourism Group Limited is a company incorporated in Bermuda, focusing on ecotourism and related services.

Average Trading Volume: 784,429

Technical Sentiment Signal: Buy

Current Market Cap: HK$69.49M

See more insights into 1371 stock on TipRanks’ Stock Analysis page.

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