花样年境外债务重组计划获债权人约99.67%高票通过 达成法院批准核心要求

Core Viewpoint - The company, Fantasia Holdings, has received approximately 99.67% support from plan creditors for its restructuring plans in Hong Kong and the Cayman Islands, meeting the core requirements for court approval [1][3]. Group 1: Meeting and Voting Details - The plan meeting took place on February 20, 2026, at 7 PM Hong Kong time, with 1,412 creditors participating, holding a total of approximately $6.097 billion in voting rights [1][3]. - Out of the participating creditors, 1,397 voted in favor of the plans, representing about $6.077 billion in voting rights, which accounts for approximately 99.67% of the total voting rights [1][3]. Group 2: Court Approval Process - Following the creditor meeting approval, Fantasia Holdings will apply to the Hong Kong and Cayman Islands courts for the approval of the restructuring plans [1][3]. - The court hearing for the Hong Kong plan is scheduled for March 12, 2026, at 10 AM Hong Kong time, while the Cayman plan hearing is set for the same day at 10:30 PM Hong Kong time [1][3]. Group 3: Implications of Court Approval - The court hearings will serve as a judicial review of the fairness and feasibility of the restructuring plans, providing legal binding effects on all creditors, including those who did not attend or voted against the plans [2][4]. - Approval from both jurisdictions will enhance the cross-border enforceability of the restructuring plans, ensuring a clear debt repayment timeline and amounts for the company, thereby stabilizing its operations [2][4].