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SUNAC (01918.HK) Soars 7%+ as Onshore Debt Restructuring Plan Approved
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SUNAC (01918.HK) opened 6.6% higher today (22nd) and peaked at $1.8 in the early session. It last traded at $1.78, up 7.23%, on a volume of 53.1256 million shares, involving $94.5327 million. SUNAC announced that the restructuring plans of the ten bonds of Sunac Real Estate, its wholly-owned subsidiary, have all been considered and approved at the relevant meetings of bondholders, whereby the repayment arrangements in regard to the principal and interest of the ten bonds will be adjusted, and restructuring plan options including bond repurchase, payment via equity and/ or equity economic income right and debt settlement with assets will be provided. AAStocks Financial News |
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