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Xuhui announces domestic bond restructuring plan: involving 7 outstanding bonds with a principal balance of 10.06 billion yuan.
Golden Ten Data reported on May 23 that this evening, CIFI Holding Group (00884. HK) announced the framework of its existing onshore corporate bond restructuring plan, involving 7 bonds with a total principal balance of 10.06 billion yuan. According to the announcement, CIFI’s onshore bond restructuring plan provides bondholders with four options, namely bond repurchase, equity economic income rights, debt repayment and general creditor’s rights. If the bondholder does not choose any of the above options, the bondholder will enter the full retention long-term rollover option.