Times China Holdings (HK:1233) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Times China Holdings Limited has been actively pursuing a restructuring of its offshore debts and has made significant progress by reaching an agreement in principle on the key terms of a holistic proposal with an ad hoc group of creditors. This milestone marks a crucial step towards establishing a sustainable capital structure for the company’s long-term future. The creditors group represents over 25% of the outstanding principal amount of the existing notes, indicating substantial creditor engagement in the restructuring process.
For further insights into HK:1233 stock, check out TipRanks’ Stock Analysis page.
