Brief: Hope Education Updates On Restructuring Of Co's Offshore Liability
July 17 (Reuters) - Hope Education 1765.HK :
* UPDATE ON RESTRUCTURING OF COMPANY'S OFFSHORE LIABILITY
* STILL IN NEGOTIATIONS WITH CREDITORS ON DEFINITIVE TERMS
OF
PROPOSED RESTRUCTURING
* ANTICIPATED THAT OUTSTANDING INDEBTEDNESS BE SETTLED BY
INITIAL
CASH REPAYMENT OF CONSIDERABLE PORTION OF OUTSTANDING AMOUNT
Further company coverage: 1765.HK
((Reuters.Briefs@thomsonreuters.com;))
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