tiprankstipranks
Trending News
More News >

Logan Group Advances Holistic Restructuring Plans

Story Highlights
  • Logan Group is progressing with a holistic restructuring proposal involving debt restructuring.
  • Shenzhen Logan proposes restructuring options for onshore bonds and securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Logan Group Advances Holistic Restructuring Plans

Don’t Miss TipRanks’ Half-Year Sale

An update from Logan Property Holdings Co ( (HK:3380) ) is now available.

Logan Group Company Limited has been actively working on a holistic restructuring proposal, which involves preparing legal documentation, updating creditors on projects and assets, and restructuring existing debt structures. This initiative aims to address bilateral bank loans and perpetual securities, with further announcements expected. Additionally, its subsidiary, Shenzhen Logan Holdings Co., Limited, has proposed a restructuring plan for its onshore corporate bonds and asset-backed securities, offering options such as debt-for-asset swaps and cash repurchases.

More about Logan Property Holdings Co

Logan Group Company Limited is a real estate development company primarily involved in property development, with a focus on residential and commercial projects. The company operates in the real estate sector and is known for its significant presence in the Chinese market.

YTD Price Performance: -20.56%

Average Trading Volume: 13,303,200

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.83B

Learn more about 3380 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1