The restructuring of Xuhui's domestic bonds welcomes a breakthrough moment.

Golden Ten Data reported on June 14 that CIFI had sent an overall domestic bond restructuring proposal to domestic bondholders on June 13, and would hold a creditors' meeting on June 27 ~ June 30 to officially start the voting work on domestic debt restructuring. According to the bond restructuring proposal provided by people familiar with the matter, CIFI intends to adjust the principal and interest repayment arrangements and credit enhancement measures of the outstanding bonds, and provide other options for the restructuring plan, including bond repurchase options, equity economic income options, debt offset options and general debt options. Unlike the traditional single rollover model, CIFI's restructuring plan incorporates innovative tools to provide creditors with diversified exit channels.