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Fantasia Holdings Group Co. Ltd. ( (HK:1777) ) has provided an announcement.
Fantasia Holdings Group Co., Limited announced significant progress in its proposed restructuring of offshore debts, with strong support from creditors. Approximately 84.54% of existing note holders and 77.33% of the aggregate outstanding principal amount of existing debt instruments have agreed to the restructuring support agreement, marking a crucial step towards strengthening the company’s balance sheet and extending its debt maturity profile to maximize stakeholder value.
More about Fantasia Holdings Group Co. Ltd.
Fantasia Holdings Group Co., Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, primarily in the Chinese market.
Average Trading Volume: 2,888,054
Technical Sentiment Signal: Buy
Current Market Cap: HK$606.1M
Learn more about 1777 stock on TipRanks’ Stock Analysis page.