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Country Garden could announce offshore debt restructure plan soon
HONG KONG: Country Garden is considering the announcement of a restructuring plan for its offshore debt in the near future, local media Cailianshe reported on Monday.
Country Garden, China's largest private property developer, declined to comment on the report.
The company, which missed two dollar interest payments last month, faces another deadline on Monday with two coupons totalling $66.8 million coming due.
- Reports
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
