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易居企业控股公布债务重组计划

Yiju Enterprise Holdings Announces Debt Restructuring Plan

Breakings ·  Apr 2 09:30
Yiju Enterprise Holdings announced on the Hong Kong Stock Exchange on April 2 that the company plans to propose new plans to old note holders and convertible note holders. If each new plan is approved by the relevant court and comes into effect, on the effective date of the restructuring, the company will pay compensation to the participating plan creditors, including $90 in cash for every 1,000 US dollars (or HKD equivalent) claims held by each plan creditor at the record time, subject to certain conditions and restrictions. Yiju said in the announcement that the company has discussed with the convertible bondholders, and the convertible bondholders have confirmed that they support the new restructuring in principle.

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