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Admiralty Harbour is a credit-focused financial services firm based in Hong Kong.
Admiralty Harbour Won FinanceAsia Achievement Awards 2025 - Best Property Deal
Dec 2025
We are delighted to announce that Shimao Group Holdings Limited's US$11.5 billion offshore debt restructuring, for which Admiralty Harbour acted as the sole financial adviser, has been named Best Property Deal of the Year 2025 by FinanceAsia.

Shimao's offshore debt restructuring involved approximately US$11.5 billion of offshore debts restructured through a scheme of arrangement sanctioned by the High Court of Hong Kong, covering USD-denominated notes, syndicated and bilateral bank loans, and shareholder loans. The transaction was supported by a significant creditor base following discussions with multiple groups of constituencies, including a coordinated committee of bank lenders and an ad hoc group of noteholders. As a result of the restructuring and as the company stabilizes its business operations post-restructuring, a total of US$7.8 billion in debt will be reduced from Shimao's balance sheet. This will significantly reduce its financial leverage and alleviate its liquidity constrain amid years long secular challenge in the sector.
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