SUNAC (01918.HK)  0.000 (0.000%)    Short selling $10.66M; Ratio 10.188%   announced that regarding the offshore debt restructuring of the Company, the Early Consent Fee Deadline expired at 5:00 p.m. Hong Kong time on 23 May 2025 (last Friday), and the fee will be paid in the form of the New MCB 1 at face value on or prior to the Restructuring Effective Date.

So far, holders of approximately 82% of the aggregate outstanding principal amount of the offshore US dollar-denominated notes, convertible bonds and mandatory convertible bonds issued by the Company (Existing Securities) submitted letters to accede to the RSA.

In aggregate, holders of approximately 64% of the aggregate outstanding principal amount of the Existing Debt (including the aforementioned Existing Securities) submitted letters to accede to the RSA. In addition, the Company is aware that certain creditors are in the process of completing the necessary procedures to accede to the RSA.

A Consenting Creditor who validly holds Eligible Restricted Debt as of the Base Consent Fee Deadline and still holds all or part of such Eligible Restricted Debt at the Record Time will, subject to the terms of the RSA, receive a Base Consent Fee in an amount equal to 0.5% of the aggregate principal amount of the Eligible Restricted Debt held by such Consenting Creditor as of the Base Consent Fee Deadline, also payable in the form of the New MCB 1 at face value.

A Consenting Creditor in respect of Eligible Restricted Debt may only receive either an Early Consent Fee or a Base Consent Fee in respect of that Eligible Restricted Debt.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)