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Road King Infrastructure Announces Successful Consent Solicitations for Senior Notes

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Road King Infrastructure Announces Successful Consent Solicitations for Senior Notes

Elevate Your Investing Strategy:

Road King Infrastructure ( (HK:1098) ) has provided an update.

Road King Infrastructure Limited, along with its subsidiaries RKPF Overseas 2019 (A) Limited and RKPF Overseas 2020 (A) Limited, announced an update on their consent solicitations regarding several series of guaranteed senior notes due between 2028 and 2030. The majority of note holders have voted in favor of the proposed amendments and waivers, indicating strong support for the company’s financial strategies. However, feedback from some minority holders has been received, highlighting the challenges faced and requesting further considerations.

More about Road King Infrastructure

Road King Infrastructure Limited is a company incorporated in Bermuda, focusing on infrastructure development and investment. The company operates primarily in the construction and management of toll roads and property development, with a significant market presence in Asia.

YTD Price Performance: -22.81%

Average Trading Volume: 161,814

Technical Sentiment Signal: Sell

Current Market Cap: HK$659.4M

Find detailed analytics on 1098 stock on TipRanks’ Stock Analysis page.

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