Yuzhou Group Holdings Co., Ltd. (HK:1628) has released an update.
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Yuzhou Group Holdings Co., Ltd. has announced an amendment to its debt restructuring support agreement to include certain loans, which keeps the proposed restructuring’s economic terms substantially the same. The company has received strong support from note holders and will implement the restructuring through schemes of arrangement in the Cayman Islands and Hong Kong, with hearings scheduled for July and August 2024. Detailed information and documents related to the restructuring are accessible on the company’s transaction website.
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