Thu 09/09/2021 07:21 AM
The ad hoc noteholders group of Chinese medical consumable company Yestar Healthcare is preparing for possible legal action against the company as the two sides are still unable to agree on a restructuring proposal for its $200 million 6.9% notes due to mature in just a few days on Sept. 15, said two sources with knowledge of the matter.
The group, which is advised by Houlihan Lokey and Hogan Lovells and holds over 40% of the notes, has been negotiating with the company in the last few...
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