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HK-based Logan Group plans to restructure $8b offshore debt

HK-based Logan Group plans to restructure $8b offshore debt

Hong Kong cityscape. Image by Andrew Jephson from Unsplash.

Hong Kong-based developer Logan Group said on Monday it was offering a restructuring proposal for the majority of its about $8.01 billion offshore debt, including conversion to mandatory convertible bonds for its offshore creditors.

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