Multiple real estate companies are restructuring their domestic debts, and the restructuring plan of Greentown Group has been postponed to September 30th for voting.
The deadline for voting on the domestic debt restructuring plan of Ocean Group has been extended to September 30. On August 18, Ocean Group announced adjustments to the repayment arrangements for the principal and interest of the target bonds in the domestic debt restructuring plan, and provided various repayment options including cash repurchase, stock economic rights, and asset securitization. The restructuring plan includes 7 corporate bonds and 3 PPNs, with a total amount of 18.05 billion yuan. According to statistics, as of now, real estate developers who have announced domestic debt restructuring plans include Country Garden, Sunac China, Longfor Properties, and Greentown.
Latest