General Announcement::PROPOSED OFFSHORE DEBT RESTRUCTURING

Issuer & Securities

Issuer/ Manager
MODERN LAND (CHINA) CO., LIMITED
Securities
MODLD US$203.797M12.85%N211025 - XS1986632716 - PITB
MODERNLANDUS$200M11.8%N220226 - XS2110675860 - YXYB
MODERNLANDUS$250M11.5%N221113 - XS2202152703 - X6MB
MODERNLANDUSD150M11.95%N240304 - XS2127478316 - RUKB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Feb-2022 23:29:55
Status
New
Announcement Sub Title
PROPOSED OFFSHORE DEBT RESTRUCTURING
Announcement Reference
SG220225OTHRPMV0
Submitted By (Co./ Ind. Name)
Modern Land (China) Co., Limited / Zhang Peng
Designation
Director
Description (Please provide a detailed description of the event in the box below)
References are made to the announcements of the Company dated 26 October 2021, 1 November 2021, 5 November 2021 and 10 January 2022 concerning, among other things, the status of the debt securities of the Company (the "Announcements"). Capitalised terms and expressions used herein shall have the same meanings as defined in the Announcements and the RSA (as defined below) unless defined herein.

Over the past few months, the Company and its various stakeholders, together with their respective advisors, have been engaged in constructive dialogues towards a restructuring of its offshore indebtedness.

Attachments

e_01107ann-20220225 20220225_2255 _SGX ver.pdf
Total size =1521K