CIFI HOLDINGS Aktie

 

The developer's new offshore debt restructuring eases its most urgent default risk, but it must still restore its cash flow and repair its operations Key Takeaways:    Lee Shih Ta For embattled property developer CIFI Holdings (Group) Co. Ltd. (0884.HK), the end of 2025 was not just an ordinary time marker. The company announced that..... The post Its financial house back on stabler ground, CIFI Holdings isn't out of the woods yet appeared first on Bamboo Works....

CIFI Holdings Group Co. received creditors' support for reorganizing about 10.1 billion yuan ($1.4 billion) of onshore debt, becoming the latest defaulted Chinese developer to make a breakthrough in a typically protracted process....

Distressed Chinese developer Cifi Holdings won backing from a majority of creditors for a US$7.9 billion offshore debt revamp, a key step for the cash-strapped developer as China's property market shows little sign of recovery. According to a Wednesday stock exchange filing, 1,236 out of 1,250 creditors, holding US$7.3 billion of Cifi's US$7.9 billion in offshore debt, voted in favour of the developer's latest debt restructuring plan. Taking into account the amount of claims to be cancelled or......