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China SCE Group Announces Amendments to Offshore Debt Restructuring Agreement

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China SCE Group Announces Amendments to Offshore Debt Restructuring Agreement

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China SCE Group Holdings ( (HK:1966) ) has issued an update.

China SCE Group Holdings Limited, a company incorporated in the Cayman Islands, has announced an amendment to its offshore debt restructuring agreement. The company and the Ad Hoc Group (AHG) have executed an agreement to amend the Restructuring Support Agreement (RSA), which includes providing certain lenders with rights similar to those of the AHG and extending the Longstop Date to July 31, 2026, with a possible extension to October 31, 2026. Scheme Creditors are encouraged to accede to the amended RSA by the specified deadline.

More about China SCE Group Holdings

Average Trading Volume: 1,408,038

Technical Sentiment Signal: Sell

Current Market Cap: HK$397M

Learn more about 1966 stock on TipRanks’ Stock Analysis page.

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