Modern Land (China) creditors agree to extension for restructuring

Chicago, Nov. 21 – Modern Land (China) Co., Ltd. announced a further extension of the longstop date and the anticipated restructuring effective date for the proposed restructuring of its existing notes.

The extension now runs through Nov. 25.

The longstop date has been extended several times.

Questions may be directed to D.F. King Ltd. (https://sites.dfkingltd.com/modernland; modernland@dfkingltd.com; +44 20 8089 4257, +852 5808 2134).

The Beijing-based property developer is focused on the development of green, energy-saving and eco-friendly residences in China. The company filed Chapter 15 on June 3 under case number 22-10707.

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