Sun 06/04/2023 21:33 PM
Reorg Asia Highlights:
The underlying land for the 35 onshore projects providing credit support for the new notes to be issued under the proposed restructuring of $5.2 billion of offshore notes issued by Scenery Journey Limited includes certain parcels acquired for $6 billion from 2011 to 2017;
The three largest projects, with a total land acquisition cost of around $3.1 billion, comprise a portion of the “Venice on the Sea” project in Jiangsu province, luxury golf project “Beijing...
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