Country Garden's offshore debt restructuring scheme sanctioned by court

Country Garden Holdings Company Limited announced that its offshore debt restructuring Scheme was sanctioned by the Court on December 4, 2025, via a "Sanction Order." This officially marks the "Scheme Effective Date" as December 5, 2025, following the filing of a sealed copy of the order with the Hong Kong Registrar of Companies.

The Scheme Effective Date is a crucial step towards the implementation of the Proposed Restructuring, though it is distinct from the "Restructuring Effective Date." The latter will only occur once all restructuring conditions have been satisfied or waived.

The company will continue to provide updates regarding the Proposed Restructuring and the Existing HKD Convertible Bonds Consent Solicitation as required by relevant regulations. The implementation of the Proposed Restructuring is subject to various factors, and there is no assurance it will be successfully completed by the end of 2025.