TITLE

Back From the Brink

AUTHOR(S)
Flannery, Russell; Chen, Maggie
PUB. DATE
May 2009
SOURCE
Forbes Asia;5/25/2009, Vol. 5 Issue 9, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that share prices of Greentown China Holdings Ltd., a developer of luxury homes in China, have increased by 28 percent in May 2009. The company was founded by Song Weiping. According to the firm, 90 percent of its bondholders have agreed to an offer made by it to buy back $400 million of debt due in 2013.
ACCESSION #
41676089

 

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