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SUNAC (01918.HK) Mulls Introducing Debt-to-Equity Swap in Onshore Debt Restructuring Plan: Wire
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SUNAC (01918.HK) recently met with some onshore bondholders to discuss an onshore debt restructuring plan, Bloomberg, citing sources, reported. The company is considering adding a debt-to-equity swap option in the restructuring plan, which will involve SUNAC's shares listed in Hong Kong. Several executives of SUNAC are reported to have visited multiple investors holding a larger amount of onshore bonds last week, including some private equity funds. AAStocks Financial News |
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