Country Garden provides update on offshore debt restructuring timeline

Country Garden Holdings Company Limited announced an update to its offshore debt restructuring, confirming that scheme meetings and consent solicitations remain on schedule. The Scheme Meeting (Class 1) is set for 6:00 p.m. Hong Kong time on November 5, 2025, with the Scheme Meeting (Class 2) following at 8:00 p.m. on the same day. Both will be held at Linklaters' offices in Hong Kong.

Holders of Existing HKD Convertible Bonds are also scheduled for meetings on November 5, 2025, with the 2023 Convertible Bonds Consent Solicitation Meeting at 5:00 p.m. and the 2026 Convertible Bonds Consent Solicitation Meeting at 5:30 p.m. The voting instruction deadline for Scheme Creditors and holders of Existing HKD Convertible Bonds remains 5:00 p.m. Hong Kong time on October 31, 2025.

Existing validly submitted forms and consent instructions will remain effective unless creditors wish to make changes due to the new supplement. The company cautions that there is no assurance the proposed restructuring will be successfully implemented by the end of 2025, urging investors to exercise caution and seek professional advice.