Logan Property Holdings Co (HK:3380) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Logan Property Holdings Co. is pushing forward with a comprehensive offshore debt restructuring, having secured the support of creditors holding over 92% of its existing notes and obtaining a crucial HK$8.2 billion refinancing for the Corniche Project. The company has appointed White & Case as the principal legal advisor to expedite the restructuring process and has been granted a six-week extension on the restructuring longstop date to continue negotiations.
For further insights into HK:3380 stock, check out TipRanks’ Stock Analysis page.