Country Garden Reaches Milestone as Debt Plan Heads to Vote
Country Garden Holdings Co., one of the biggest casualties of China’s real estate crisis, is wrapping up its $14.1 billion offshore debt restructuring after more than two years, with creditors...
By Pearl Liu, Emma Dong, Trista Xinyi Luo · Bloomberg
Country Garden Holdings Co., one of the biggest casualties of China’s real estate crisis, is wrapping up its $14.1 billion offshore debt restructuring after more than two years, with creditors likely to approve its plan in a vote on Wednesday.