Property News · August 2, 2024

Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates


Some bondholders demand a rejig in the defaulted Chinese developer’s US$6 billion debt restructuring plan to provide creditors with higher recovery rates.

Source : South China Morning Post
Read more…Bondholders urge Chinese defaulter Sino-Ocean to rejig US billion debt plan after slamming big haircuts, weak recovery rates