Scheme of Arrangement - Corporate Debt Restructuring::UPDATE ON RSA ACCESSION AND THE PROPOSED RESTRUCTURING

Issuer & Securities

Issuer/ Manager
CFLD (CAYMAN) INVESTMENT LTD.
Securities
CFLDINV US$350M6.65%PERSEC - XS1740223216 - 8ELB
CFLDINV US$500M6.5%B201221 - XS1729851490 - 8EDB
CFLDINV US$200M9%B210731 - XS1860402954 - IOFB
CFLDINV US$200M9%B210621 - XS1835626810 - 9LNB
CFLDINV US$350M7.125%B220408 - XS1972090119 - WFQB
CFLDINV US$650M8.6%B240408 - XS1972092248 - LMEB
CFLDINV US$530M8.625%B210228 - XS1953977326 - ZGUB
CFLDINV US$700M8.05%B250113 - XS2100597330 - XO7B
CFLDINV US$500M6.9%B230113 - XS2100597256 - WIHB
CFLDINV US$300M6.92%B220616 - XS2189577906 - ZP3B
CFLDINV US$330M8.75%B220928 - XS2232030788 - GUQB
Stapled Security
No

Announcement Details

Announcement Title
Scheme of Arrangement - Corporate Debt Restructuring
Date &Time of Broadcast
02-Dec-2022 23:47:53
Status
New
Announcement Sub Title
UPDATE ON RSA ACCESSION AND THE PROPOSED RESTRUCTURING
Announcement Reference
SG221202OTHRIV7G
Submitted By (Co./ Ind. Name)
Will Wang
Designation
Deputy Financing Director
Effective Date and Time of the event
02/12/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Company is pleased to announce that holders holding approximately 83.64% of the aggregate outstanding principal amount of the Existing Bonds have acceded to the RSA as of the time of this announcement. Among such holders, holders holding an aggregate principal amount of approximately US$1,315 million of the Existing Bonds have selected New Bond 2 as part of their Restructuring Consideration on an indicative basis. The Cash Prepayment Fee Deadline has expired by the time of this announcement, but the RSA will remain open for accession by holders of the Existing Bonds till 6:00 p.m. Hong Kong time on January 6, 2023.

Attachments

Update Announcement.pdf
Total size =141K