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2007 — Country Garden Holdings News Story

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Country Garden to issue nearly $13 billion in bonds as part of restructuring plan

Repeats to add Reuters instrument code

Nov 14 (Reuters) - China's Country Garden 2007.HK said on Friday it will issue mandatory convertible bonds totalling around $13 billion as part of a restructuring plan.

This includes $7.5 billion for scheme consideration payments and $5.4 billion for additional creditor settlements, according to a filing.

 (Reporting by Roushni Nair in Bengaluru; Editing by Subhranshu Sahu)

 ((Roushni.Nair@thomsonreuters.com;))

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