Yuzhou Group to raise $1.5 billion amid offshore debt restructuring, – Homevior
Representative image Shanghai-based property developer Yuzhou Group said on Friday it will raise around HK$12.01 billion ($1.54 billion) while it is in the middle of restructuring its offshore debts. The company will issue 5.65 billion existing shares at HK$2.127 apiece. Yuzhou – one of the many property firms hurt by a slowdown in China’s real …
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