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Country Garden Advances Offshore Debt Restructuring

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Country Garden Holdings Co ( (HK:2007) ) has shared an update.

Country Garden Holdings Company Limited has made significant progress in restructuring its offshore debt, reaching an agreement on the principal terms of a restructuring proposal with creditors representing a substantial portion of its existing bond debts. This restructuring aims to maximize creditor recoveries, establish a sustainable capital structure, and stabilize the company’s operations, ensuring the fulfillment of its property delivery obligations and preserving asset value.

More about Country Garden Holdings Co

Country Garden Holdings Company Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the real estate industry, focusing on property development and management, with a market presence primarily in China.

YTD Price Performance: -77.78%

Average Trading Volume: 1,095

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.5B

For detailed information about 2007 stock, go to TipRanks’ Stock Analysis page.

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