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Shui On Land Completes Guaranteed Notes Issue With Change-of-Control Protection

Story Highlights
  • Shui On Land’s unit Shui On Development has completed a new notes issue, fully guaranteed by the parent after all conditions were met and the indenture executed.
  • The notes’ indenture includes change-of-control triggers requiring a 101 percent repurchase offer, enhancing protections for creditors against major ownership or control shifts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shui On Land Completes Guaranteed Notes Issue With Change-of-Control Protection

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Shui On Land ( (HK:0272) ) has issued an announcement.

Shui On Land Limited has announced the completion of a new notes issuance by its subsidiary Shui On Development, which is guaranteed by the parent company, following the satisfaction of all conditions precedent under the purchase agreement and execution of the related indenture on 26 January 2026. The indenture governing the notes includes a change-of-control covenant requiring the company or Shui On Development to offer to repurchase all outstanding notes at 101% of principal plus accrued interest if certain ownership, board control, or corporate restructuring events occur, providing additional protection for noteholders and signalling tighter governance and creditor safeguards around future corporate control changes and asset disposals.

The most recent analyst rating on (HK:0272) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shui On Land stock, see the HK:0272 Stock Forecast page.

More about Shui On Land

Shui On Land Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands, primarily engaged in real estate development and related investment activities through its subsidiaries, including Shui On Development, with a focus on the Chinese market.

YTD Price Performance: 1.45%

Average Trading Volume: 6,516,798

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.61B

For an in-depth examination of 0272 stock, go to TipRanks’ Overview page.

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