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No Va Land scheme of arrangement scheduled for court on April 25
Chicago, April 17 – No Va Land Investment Group Corp. announced that the proposed restructuring of its $300 million 5.25% convertible bonds due 2026 (ISIN: XS2364281175) will be heard in court at 9 p.m. ET on April 25, according to a notice.
Affidavits are due by April 18 (Singapore time).
Those who wish to attend the hearing should contact BlackOakNVL@blackoak-llc.com by 6 a.m. ET on April 22.
As previously reported, No Va Land proposed to enter into a pre-packaged scheme of arrangement with its creditors relating to any claim or liability related to the 2026 convertible bonds.
If the scheme is approved by the court and the order approving the scheme is lodged with the Accounting and Corporate Regulatory Authority of Singapore, the scheme will become effective and binding.
Morrow Sodali Ltd. is the information agent (+44 20 4513 6933, +852 2316 4130 or novaland@investor.morrowsodali.com).
The scheme document is posted at https://projects.morrowsodali.com/novaland.
No Va Land is a Vietnamese developer active in residential property and luxury resorts.
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