Property News · April 21, 2023

Embattled Chinese developer Sunac gets more creditors on board with US$9 billion offshore debt restructuring plan


The debt-laden Chinese developer said creditors representing 75 per cent of its US$9.1 billion offshore debt have agreed to restructuring terms, an outcome ‘everybody should be happy with’, according to one analyst.

Source : South China Morning Post
Read more…Embattled Chinese developer Sunac gets more creditors on board with US billion offshore debt restructuring plan