Property News · January 17, 2023

China bad-debt firms plan refinancing support of up to US$24 billion for selected property developers


The PBOC will channel 80 billion yuan (US$11.8 billion) of loans to high-quality developers through the nation’s biggest bad-debt asset managers, with a similar amount to be matched by the distressed debt firms, according to sources.

Source : South China Morning Post
Read more…China bad-debt firms plan refinancing support of up to US billion for selected property developers