freevideopokernodownload| Xuhui Holding Group (00884.HK): Awarded an overseas debt restructuring plan, with the goal of reducing overseas debt by US$3.3 billion to US$4 billion

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Xuhui Holdings Group (00884Freevideopokernodownload.HK) agree in principle with the group of foreign bondholders on debt restructuringFreevideopokernodownloadInvolving debt reduction of US $3.3 billion to US $4 billion. 68 projects of the company are on the whitelist, 23 projects are supported by financing, and the Wuhu gilded impression project is approved 1Freevideopokernodownload.50 million. By the end of 2023, the total amount of outstanding loans was about 92.281 billion yuan, down 15 per cent from the same period last year.

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[Xuhui holding Group reached an agreement in principle on overseas debt restructuring between Xuhui holding Group and creditors] Xuhui holding Group (00884.HK) recently announced before trading, and overseas creditor groupsFreevideopokernodownloadThe restructuring agreement has reached a consensus in principle, and members of the group own about 43% of the company's preferred notes, perpetual bonds and convertible bonds. The deal is aimed at reducing about $3.3 billion to $4 billion in overseas debt. The company also made public the latest business developments. Among them, Xuhui's 68 projects have been listed on the "whitelist" of real estate projects and have received financing support for 23 projects, including the Wuhu gilded impression project, which has become the first "whitelist" project to receive 150 million yuan of new funding support. It is reported that Xuhui has delivered 13000 new houses so far in 2024 and currently has a total land reserve of 36.3 million square meters, with an unsold value of more than 300 billion yuan, and 74 per cent of its reserves are located in first-and second-tier cities. Debt data show that Xuhui's total outstanding borrowing as of December 31, 2023 was about 92.281 billion yuan, down 15 per cent from a year earlier.

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