Its financial house back on stabler ground, CIFI Holdings isn’t out of the woods yet
The developer’s new offshore debt restructuring eases its most urgent default risk, but it must still restore its cash flow and repair its operations Key Takeaways: CIFI Holdings concluded an…
China Inc Under Trump, and a Property Developer’s Rapid Reorganization
What should Chinese companies expect in Trump 2.0? And a mid-tier property developer advances a plan to reorganize its offshore debt at lightning speed. By Doug Young & Rene Vanguestaine…
CIFI restructuring advances as shareholders face massive dilution
The property developer said its restructuring plan, which will give it two years of relief from debt repayments, has gained support from nearly 80% of its creditors Key Takeaways: CIFI…
