An announcement from Xinyuan Real Estate Co ( (XIN) ) is now available.
Xinyuan Real Estate Co., Ltd. announced that it has decided not to pay the interest accrued on its 3.0% senior notes due 2027 for the period up to March 30, 2025, with the grace period ending on April 30, 2025. As of May 2, 2025, the company has reached an agreement on key terms for a Restructuring Support Agreement with bondholders representing over 45% of the principal value of its outstanding dollar bonds. The company is actively engaging with additional bondholders to secure further restructuring support.
More about Xinyuan Real Estate Co
Xinyuan Real Estate Co., Ltd. operates in the real estate industry, primarily focusing on residential property development. The company is based in Beijing, China, and engages in the construction and sale of residential properties, catering to the urban middle-class market.
YTD Price Performance: -8.96%
Average Trading Volume: 27,127
Technical Sentiment Signal: Buy
Current Market Cap: $14.38M
See more data about XIN stock on TipRanks’ Stock Analysis page.