[Xinhui's overseas restructuring support agreement is formally signed and has been supported by 47% of bondholders] According to Jinshi Data on September 27, Xinhui Holdings' comprehensive overseas debt solution has made new progress. Xinhui disclosed today that the company has signed a formal restructuring support agreement (RSA) with members of the bondholder group (AHG). The bondholder group together accounts for 46.9% of the total outstanding principal of overseas notes and 31.1% of the total principal of overseas total debt. It is understood that Xinhui's overseas restructuring involves 10 senior bonds, 1 convertible bond and 1 perpetual bond, as well as 13 overseas loans, with a total principal amount of US$6.858 billion. There are many types of investors involved, and the restructuring is not easy. Based on the restructuring framework of "debt reduction at the short end, equity conversion at the mid-end, and principal protection and interest rate reduction at the long end", Xinhui provides 8 options including short-term notes, mid-term notes + mandatory convertible bonds, and long-term loans denominated in US dollars. (Reprinted from: Jinshi Data)