Country Garden plans to present preliminary offshore debt restructuring proposal as early as Jun – report
Country Garden plans to present preliminary offshore debt restructuring proposal as early as Jun – report

Country Garden plans to present preliminary offshore debt restructuring proposal as early as Jun – report

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

Embattled Chinese property developer Country Garden has told some of its offshore creditors it plans to present a debt restructuring proposal in the second half of this year, reported Reuters, citing sources.

Country Garden aimed to present a preliminary restructuring proposal to an ad hoc group of bondholders as early as June for negotiation, and publish it to the wider list of creditors in the third quarter, the report said.

The company is conducting . . .

Sign In or Subscribe To Get Full Access. 

 

Join Us Now

 

We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!

See Samples

 

Users' reviews 

 

They work with us