Landsea Green Properties Co., Ltd. (HK:0106) has released an update.
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Landsea Green Properties Co., Ltd. successfully completed its consent solicitation for its 10.75% senior notes, resulting in amended terms with a reduced interest rate of 3.0% per annum and a new maturity date set for December 23, 2033. This strategic move is expected to impact current and future holders of the notes, aligning the company’s financial structuring with market conditions. Investors should keep an eye on how these changes might influence Landsea Green’s performance in the financial markets.
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