RONSHINECHINA Said to Launch Onshore Restructuring Plan in Jun, Involving Cash, LT Bonds, Trust Beneficiary Units
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RONSHINECHINA plans to launch an onshore restructuring plan in June, involving cash, long-term bonds, and trust beneficiary units. The company will hold bondholders' meetings to discuss proposals for waiving notice periods and extending grace periods for eight bonds totaling approximately RMB8.484 billion. The extension aims to provide more time for the restructuring process, with the issuer seeking an additional 60 working days.
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