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<CN Home>SUNAC Said to Be in Process of Communicating on 2nd Restructuring Plan for Domestic Bonds w/ Final Plan Expected by End-Nov
Recommend 13 Positive 36 Negative 9 |
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SUNAC (01918.HK) is meeting with some domestic bond investors to have in-depth communication on the second restructuring plan and explore possible solutions, The Paper quoted insiders as saying. However, it is only a preliminary plan communication, and the final version is expected by the end of November. Based on the current communication plan, SUNAC will offer 4 flexible options to creditors for the RMB15.5 billion domestic bonds, which have stronger feasibility, according to the report. AAStocks Financial News |
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