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China’s Hilong seeks approval to restructure its 2020, 2022 notes
By Rebecca Melvin
New York, March 19 – China’s Hilong Holding Ltd. said a court hearing has been set to obtain approval for convening a meeting regarding its proposed plan to restructure two series of notes.
The restructuring plan pertains to Hilong’s 7¼% senior notes due June 22, 2020 (ISIN: XS16283148890) and 8¼% senior notes due Sept. 26, 2022 (ISIN: XS2016067303).
The scheme convening hearing is scheduled for 10 a.m. ET on March 22 at the Grand Court of the Cayman Islands.
If court approval is granted, the proposed scheme meeting will be held at 8 p.m. on May 4.
Holders may access documents and announcements related to the scheme at https://bonds.morrowsodali.com/hilong.
Hilong is an integrated oilfield equipment and service provider based in Hong Kong.
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