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Published on 10/19/2021 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Century Sunshine winding up petition hearing adjourned to May 2022

By Marisa Wong

Los Angeles, Oct. 19 – Century Sunshine Group Holdings Ltd. issued an update on possible debt restructuring relating to its S$101.75 million 7% notes due 2020 (ISIN: SG7CG8000008).

The hearing for a previously announced winding up petition has been adjourned to May 3, 2022 as ordered by the Grand Court of the Cayman Islands, according to a notice on Tuesday.

The 7% notes were originally issued under the company’s S$300 million multicurrency medium-term note program.

Century Sunshine is a Hong Kong-based producer of magnesium and ecological fertilizers.


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