Fri 05/21/2021 04:23 AM
Relevant Document:
Writ of Summons
Nuoxi Capital Limited’s - the issuer of various defaulted offshore keepwell bonds -
filing of a $963.5 million claim in the Hong Kong court’s yesterday, May 20, for breaches under various keepwell deeds by keepwell provider Peking University Founder Group Company Limited (PKU Founder) is set to be the second test of the so called keepwell “protection” often provided by Mainland companies to offshore bondholders, and help investors gain clarity...
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