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Peking Uni Founder Group Weighing Up to 70% Haircut for Bondholders

by bondevalue | Apr 29, 2021 | China, Distressed / Defaulted Bonds

Distressed Peking University Founder Group (PUFG), backed by state-owned Peking University, is said to be considering a debt restructuring plan that would involve a 70% haircut for unsecured creditors, as per people familiar with the matter reported by Bloomberg. The...

Peking Uni Founder Group Weighing Up to 70% Haircut for Bondholders

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