China’s Country Garden Holdings (HK:2007) said on Wednesday that it will issue about $34 million in new shares to repay part of its obligations to a creditor, as the beleaguered property developer struggles to restructure its debt amid a growing cash crunch. Country Garden said it will issue 350.6 million…
China’s Country Garden Issues US$34 Mln New Shares To Repay Some Debt – BusinessToday
2023-08-30T02:36:34-04:00August 30th, 2023|
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