12 Jan China Aoyuan wins Hong Kong court’s approval to proceed with restructuring more than US$4 billion of offshore debt, loans
Posted at 08:01h
in Asia
Property developer China Aoyuan Group said it has secured approval from a Hong Kong court to proceed with a restructuring involving more than US$4 billion of offshore debts and many loan facilities with lenders after almost a year of negotiations with creditors. The stock...