PCGI, Central China seek to rejig debt terms

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By Alice Huang
14 Sep 2020

PCGI and PCGI Intermediate Holdings (PCGII) are seeking approval from bondholders for a consent solicitation triggered by a corporate restructuring.

The two companies announced the plan on Monday, according to filings on the Hong Kong Stock Exchange.

The solicitation will involve a $387.46m 4.75% bond due October 28, 2024, which was issued by PCGII and guaranteed by PCGI, and a $250m 5.5% paper due November 22, 2024, ...

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