Group 1 - The core point of the article is that Sunac China announced a comprehensive overseas debt restructuring expected to take effect around December 23, 2025, involving approximately $9.6 billion of existing debt being relieved and the issuance of mandatory convertible bonds to planned creditors [1] - The company and Sanya Qingtian have entered into a restructuring agreement with Jiyou, where the unpaid principal of Jiyou's loan of HKD 858 million will be classified as HKD 300 million (35%) as post-restructuring loans, with a ten-year extension [1] - The remaining amount will be settled by issuing 279 million new shares at HKD 3.85 per share, which represents about 2.43% of the existing issued share capital and approximately 2.38% of the enlarged share capital post-settlement [1]
融创中国：预计12月23日前后全面境外债务重组生效