The number of private debt funds in the Asia-Pacific region grew by 22 per cent to 94 at the end of 2023 compared with a year before as financial institutions bet on the flourishing market.
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Davis Polk & Wardwell and Harneys have advised Luckin Coffee on the completion of its planned debt restructuring, which ends the cross-border bankruptcy proceedings under Chapter 15 of Title 11 of the U.S. Code.