China's property developer Sunac seeks to restructure $2.1b onshore bonds

China's property developer Sunac seeks to restructure $2.1b onshore bonds

An advertisement of property developer Sunac China Holdings is seen at a residential complex in Shanghai, China March 25, 2018. REUTERS/Stringe

Major property developer Sunac China is in talks with creditors to restructure all of its 14.6 billion yuan ($2.07 billion) onshore bonds, according to three sources with knowledge of the matter.