According to the announcement of Hillhouse International Holdings (01765), after considering the company's current financial condition and the feedback from identified creditors, the company has proposed preliminary terms of restructuring for further discussion with its creditors.

Regarding the relevant bonds, it is expected that the outstanding debt will be repaid in the following ways: The initial cash repayment of a significant portion of the outstanding amount will be funded by the company's fundraising activities; and the repayment responsibility, equivalent to the remaining debt, will be repaid in the future through the sale of certain company assets and/or the raising of other financing resources.

The company hereby emphasizes its commitment to fully repay its creditors, and has no intention of deducting the outstanding amount of the relevant bonds. As of the date of this announcement, the company is still in negotiations with creditors regarding the actual terms of the proposed restructuring.