Chinese developer Sunac reaches debt restructuring deal with some major creditors
17/04/2025 16:10
April 17 (Reuters) - Chinese property developer Sunac China 1918.HK said on Thursday it had reached an agreement with certain major creditors with regard to its offshore debt restructuring plan. The scope of the restructuring includes offshore debts issued or guaranteed by the company, with debt claims of about $9.55 billion as of June 30, the company said. (Reporting by Roshan Thomas in Bengaluru; Editing by Shinjini Ganguli) ((Roshan.Thomas@thomsonreuters.com;))
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