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China Fortune Land Development: China Fortune Land to set up $3 5 billion trust fund to help pay debt, ET RealEstate

China Fortune Land Development: The move is part of a debt restructuring plan unveiled in October 2021 with the debt-ridden developer seeking various ways to ease a liquidity crunch.

China Fortune Land to set up $3 5 bln trust fund to help pay debt

China Fortune Land Development Co will set up a trust fund worth about 25.5 billion yuan and use the proceeds to pay off its $3.33 billion financial debts, it said on Friday. The move.

China Fortune Land s Stock Gains After Builder Restructures All Debts

China Fortune Land s Stock Gains After Builder Restructures All Debts
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