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Yuzhou Group Secures Strong Support for Note Restructuring

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Yuzhou Group Secures Strong Support for Note Restructuring

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An update from Yuzhou Group Holdings Co., Ltd. ( (HK:1628) ) is now available.

Yuzhou Group Holdings Co., Ltd. announced the successful results of its consent solicitation for the 6.0% senior notes due 2027. The company received overwhelming support from eligible holders, who will be allocated approximately 96.35% of the aggregate outstanding principal amount of the notes. This marks a significant step in the company’s restructuring efforts, with the proposed amendments expected to take effect immediately following the issuance of the notes.

More about Yuzhou Group Holdings Co., Ltd.

Average Trading Volume: 4,797,686

Technical Sentiment Signal: Sell

Current Market Cap: HK$414.9M

Learn more about 1628 stock on TipRanks’ Stock Analysis page.

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