来源：环球网 11月5日，融创中国控股有限公司发布公告，约96亿美元的境外债务重组获香港高等法院批准。至此， 重组计划条件均已达成，这标志着融创正式成为首家境外债基本清"零"的大型房企。 自今年初宣布启动境外债重组，4月公布重组方案，6月即迈过75%支持率门槛，10月获98.5%债权人投 票赞成……融创境外债重组在过去10个月的时间里稳步推进，凭此彻底化解了上市公司层面债务风险， 真正实现轻装上阵，为接下来的保交楼收官、资产盘活和公司经营稳步恢复夯牢了基石。 据克而瑞统计，截至目前已完成境内或境外债务重组的房企有11家，融创是第一家完成境内、境外债务 全部重组的大型房企。这个案例成功向市场传递出积极信号，大型房企的复杂债务问题是可以被有效化 解的，这也是行业信心重建的标志性事件。 三重关键因素助推重组达成融创化债之路迎终章 融创的化债之路堪称本轮房地产风险出清的缩影。2023年，融创率先完成第一轮境外债重组，采取"化 债+展期"的主体思路，创新引入强制可转债选项，推出含有新票据、可转换债券、强制可转换债券、 融创服务股票的可选"菜单"，受到债权人支持。值得注意的是，大股东此前提供的4.5亿美元无息借 款，也和 ...

Core Viewpoint - Sunac China has successfully obtained approval from the Hong Kong High Court for its approximately $9.6 billion offshore debt restructuring, marking it as the first large real estate enterprise to achieve a "zero" balance on offshore debt [2] Group 1: Debt Restructuring - The restructuring plan was initiated in January 2023, with a proposal announced in April, and achieved a 98.5% creditor approval by October [2] - The company reported a reduction in interest-bearing liabilities to 254.82 billion yuan, down 22.61 billion yuan year-on-year, and approximately 4.85 billion yuan since the end of last year [2] - The restructuring includes a "debt-to-equity swap" approach, introducing mandatory convertible bonds and a menu of options for creditors, which received strong support [2][3] Group 2: Delivery and Sales Performance - In the first half of the year, Sunac delivered quality new homes to 14,900 families, with a cumulative delivery of 683,000 units over the past three years [3] - The "One Number Courtyard" projects in Shanghai and Beijing have seen significant sales, with Shanghai's project achieving over 22 billion yuan in sales, topping the national new home sales list [3][4] - The company aims to deliver over 50,000 units by the end of the year, focusing on ensuring delivery commitments [3] Group 3: Market Position - Sunac ranked third among private enterprises in contract sales, achieving a total sales amount of 23.55 billion yuan in the first half of the year [4]