KWG Group Holdings' onshore debt restructuring plan approved by bondholders

KWG Group Holdings Limited has announced that a restructuring proposal for two onshore corporate bonds issued by the company and one onshore corporate bond issued by Guangzhou Hejing Holdings Holdings Limited, a wholly-owned subsidiary, has been approved by bondholders. This decision was reached at relevant bondholder meetings.

The approved plan entails adjusting repayment arrangements for the principal and interest of these three onshore corporate bonds. Bondholders will be presented with several restructuring options, including cash repurchase at a discounted price, debt-for-asset swap, full conversion into ordinary debts, and debt rollover.

Following this approval, the company will proceed to arrange for bondholders to select and receive allocations of these restructuring proposal options, in accordance with the bondholder meeting resolutions. The announcement was made in Hong Kong on 29 September 2025.