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Kaisa Group Receives Strong Support for Debt Restructuring

Kaisa Group Receives Strong Support for Debt Restructuring

Kaisa Group Holdings Ltd. (HK:1638) has released an update.

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Kaisa Group Holdings Ltd. announces that a significant majority of its creditors have agreed to the terms of its offshore debt restructuring, with approximately 74.88% of Kaisa In-Scope Debt and 80.82% of Rui Jing In-Scope Debt holders consenting. The company expresses gratitude for the widespread support from its offshore creditors and plans to share updates on the restructuring progress in due course. Investors are cautioned to trade carefully in the company’s securities.

For further insights into HK:1638 stock, check out TipRanks’ Stock Analysis page.

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