Troubled Chinese property developer (aren't they all?) Sunac has had some good news, a bit of a breakthrough on its debt restructuring.


  • A court approved a $10bn restructure plan agreed with creditors
  • Sunac will issue new notes and convertible bonds to creditors as part of its plan

Sunac was one of China’s largest developers in 2021 before it defaulted

sunac pic 06 October 2023