March 26, 2021
The failure of Chinese developer China Fortune Land Development to repay noteholders US $530 million has put their entire US $4.6 billion offshore debt in doubt, sending shockwaves through the Chinese high-yield market. Kobre & Kim’s John Han examines potential recovery mechanisms for activist investors in a Reorg webinar on April 7, 5pm HKT.
During the webinar, “China Fortune Land Development State of Play, Trading in Distressed Debt Through Creative Enforcement,” moderated by Reorg’s Shasha Dai and joined by Reorg’s James Shi, Mr. Han will examine the current situation with the default and ways investors may maximize their value realization through creative legal and recovery mechanisms.