China Sunac has become the first Chinese property developer to plan a second restructuring of its offshore debt.
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Ability to pay key to debt restructuring
Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and ...
By Clare Jim HONG KONG (Reuters) -China Sunac has become the first Chinese property developer to plan a second restructuring ...
BEIJING] Creditors owed around US$150 billion by defaulted Chinese developers always stood to get just pennies back, but many ...
A key creditor of defaulted Chinese builder Sunac China Holdings Ltd. told a Hong Kong court that the company hasn’t offered ...
Country Garden is counting on a turnaround in operations to secure broad support for its restructuring and fight off liquidation. The developer told a court it expected to reach an agreement with ...
Creditors owed around $150 billion by defaulted Chinese developers always stood to get just pennies back, but many are finding that even after a debt plan is agreed it’s not necessarily a done deal.
SHIMAO GROUP (00813.HK) announced an update in relation to the restructuring of offshore debt. The Company held the Scheme Meeting today pursuant to the Convening Order, and the Sc... SHIMAO GROUP ...
The debt restructuring plan reduces claims against Puerto Rico’s government from US$ 33 billion to just over US$ 7.4 billion. “The plan is not perfect, but it has many good things,” Governor ...
Thaksin Shinawatra, the former Prime Minister of Thailand, has recently proposed a new idea aimed at alleviating the burden of debt on the Thai people. Although the practicality of his proposal ...
You may have read our previous blog about the Outside Clinic Restructuring Plan (RP) which asked whether 5p was enough to ...