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Country Garden could announce offshore debt restructure plan soon

Tan KW
Publish date: Mon, 09 Oct 2023, 02:57 PM
Tan KW
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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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