Zhongliang Holdings Secures Majority Consent for Note and Bond Amendments

Zhongliang Holdings Group Company Limited ( (HK:2772) ) has provided an announcement.

Zhongliang Holdings Group Company Limited announced the successful completion of its consent solicitation related to its 5.0% Senior Notes and 3.0% Convertible Bonds due in 2027. The company secured consents from a significant majority of note and bond holders, allowing it to execute the necessary amendments to the terms of these securities. This move is expected to enhance the company’s financial flexibility and strengthen its market position. The amendments will become effective upon payment of the Cash Consent Fee and approval from the Hong Kong Stock Exchange, with further announcements to follow regarding the payment date.

More about Zhongliang Holdings Group Company Limited

Zhongliang Holdings Group Company Limited is a company incorporated in the Cayman Islands with limited liability, primarily involved in the real estate industry. It focuses on the development and management of residential properties, catering to the growing demand for housing in urban areas.

YTD Price Performance: -24.55%

Average Trading Volume: 3,463,083

Technical Sentiment Signal: Sell

Current Market Cap: HK$360.6M

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