SEHK:3380Real Estate
Logan Group (SEHK:3380) Is Up 8.2% After Advancing RMB13.66b Onshore Debt Restructuring Plan
Earlier this week, Logan Group reported significant progress on its onshore debt restructuring plan covering RMB13.66 billion, using tools such as cash repurchases and asset-for-debt swaps to address a large share of its public bond obligations.
This marks a key step in Logan Group’s efforts to tackle its financing pressures and gradually restore more normal operating conditions.
We’ll now examine how this progress in onshore debt restructuring could influence Logan Group’s investment...