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Home World Asia Pacific

Chinese developer Logan’s US$8 billion restructuring hinges on Hong Kong luxury tower loan

29 May 2024
in Asia Pacific
0
Chinese developer Logan’s US billion restructuring hinges on Hong Kong luxury tower loan
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Chinese developer Logan Group faces a pivotal moment in its US$8 billion offshore restructuring, with a looming deadline to pay or refinance a crucial loan for a luxury home project.

Concerns have been raised by holders of private debt issued by Logan, who fear losing control of the project if the loan is not addressed in time, according to sources familiar with the situation.

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Tags: BillionChinesedeveloperhingesHongKongloanLogansLuxuryRestructuringtowerUS8
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