Road King Infrastructure (RKI) and BVI Financing Vehicles Obtain Noteholder Consent for Amendments to 2028-2030 Bonds and Perpetuals

Bulletin Express
Sep 29

Road King Infrastructure Limited (RKI, HKEX: 01098) and five British Virgin Islands-incorporated financing subsidiaries—RKPF Overseas 2019 (A) Ltd, RKPF Overseas 2020 (A) Ltd, RKP Overseas Finance 2016 (A) Ltd, RKI Overseas Finance 2017 (A) Ltd and RKPF Overseas 2019 (E) Ltd—reported that holders of all eight outstanding offshore debt series have approved proposed amendments following a series of consent solicitations initiated on 7 September 2026.

Key outcomes:

• All Extraordinary Resolutions for the eight debt instruments—comprising four tranches of guaranteed senior notes maturing between 2028 and 2029, one tranche of 5.125% guaranteed senior notes due 2030, and three series of senior guaranteed perpetual capital securities with coupons ranging from 7.00% to 7.95%—were duly passed at noteholder meetings on 29 September 2026.

• With consent conditions satisfied, the Amendment Documents were executed the same day; the Effective Date has therefore occurred, rendering all Proposed Amendments operative for current and future holders.

• Securities that were blocked to facilitate voting will be unblocked “as soon as practicable,” restoring full tradability.

The board of Road King Infrastructure and each financing subsidiary is chaired by Mr. Zen Wei Peu, Derek, who signed the joint announcement on behalf of the issuers. No further financial terms or modification details were disclosed in the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10