Kaisa Group: Overseas debt restructuring effective by the end of September, expected debt reduction scale of approximately 8.6 billion USD.

Jin10 data reported on September 2nd that Kaisa Group announced that its overseas debt restructuring plan has made significant progress, with the restructuring effective date expected to officially take place by the end of September. Kaisa stated that this overseas debt restructuring plan has systematically optimized the original debt structure through various methods such as debt extension, debt-to-equity swaps, and asset disposals. It is reported that after the restructuring plan takes effect, it will achieve a debt reduction scale of approximately $8.6 billion, with an average debt maturity extension of 5 years, and the company will have no rigid repayment pressure before the end of 2027.