China developer CIFI proposes new restructuring terms to halve offshore debt
The debt revamp proposal, which also includes swapping part of the debt for equity, aims to halve the firm’s debt to $3.3 billion to $4 billion, it said in a filing.
The debt revamp proposal, which also includes swapping part of the debt for equity, aims to halve the firm’s debt to $3.3 billion to $4 billion, it said in a filing.
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