Nine Chinese Banks Swap Debts Of Troubled Yingkou Part Group To Equities

Login to View

A week after China’s National Development and Reform Commission issued a notice to encourage financial institutions to expand their debt-to-equity swap efforts, state-owned port operator Yingkou Part Group announced that its creditors have completed a RMB59 billion (US$8.4 billion) debt-to-equity deal.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS