Sunac China creditors approve offshore debt restructuring scheme

Sunac China Holdings Limited announced its offshore debt restructuring scheme received approval from a significant majority of Scheme Creditors. The Scheme Meeting, held on October 14, 2025, saw 1,492 Scheme Creditors, representing approximately $8.43 bn in Voting Scheme Claims, attend and vote.

Of those, 1,469 Scheme Creditors, holding claims worth approximately $7.96 bn, voted in favor. This represents 98.5% of Scheme Creditors by number and 94.5% by value, ensuring the Scheme was approved by the requisite majorities.

The company will now seek Court approval for the Scheme, with a sanction hearing scheduled for 10:00 a.m. (Hong Kong time) on November 5, 2025. Creditors wishing to change their Scheme Consideration election have until 11:00 p.m. (Hong Kong time) on October 16, 2025.