Brief: Cifi Holdings Has No Current Legal Proceedings Against Company Commenced By Any Creditors
April 29 (Reuters) - CIFI Holdings (Group) Co Ltd
0884.HK :
* NO CURRENT LEGAL PROCEEDINGS AGAINST COMPANY COMMENCED BY
ANY
CREDITORS.
* REACHED AN AGREEMENT IN PRINCIPLE WITH AHG ON KEY TERMS OF
A
HOLISTIC PROPOSAL
* SEEKS TO ADDRESS ITS AGGREGATE OFFSHORE INDEBTEDNESS AND
TARGETED DEBT REDUCTION OF US$3.3 BILLION TO US$4 BILLION
Further company coverage: 0884.HK
((Reuters.Briefs@thomsonreuters.com;))
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