On December 2, Surge News learned that R&F Real Estate recently disclosed the restructuring progress of three US dollar notes owned by its affiliated issuer Yilue Co., Ltd. As of 12:00 noon on November 28, plan creditors who hold about 77% of the total outstanding principal amount of debt within the scope of their holdings have agreed to join or are in the process of joining the revised restructuring support agreement. To facilitate creditors who need additional time to complete internal approval procedures, R&F Properties and the issuer have decided to extend the final deadline for creditors to join the restructuring support agreement until December 12, 2025 at 4 p.m. London time.

Zhitongcaijing · 12/02/2025 04:09
On December 2, Surge News learned that R&F Real Estate recently disclosed the restructuring progress of three US dollar notes owned by its affiliated issuer Yilue Co., Ltd. As of 12:00 noon on November 28, plan creditors who hold about 77% of the total outstanding principal amount of debt within the scope of their holdings have agreed to join or are in the process of joining the revised restructuring support agreement. To facilitate creditors who need additional time to complete internal approval procedures, R&F Properties and the issuer have decided to extend the final deadline for creditors to join the restructuring support agreement until December 12, 2025 at 4 p.m. London time.