Sidley and Houlihan hired again as another Chinese developer defaults
Residential properties in China (Credit: Shutterstock/ Fabio Nodari)
Following the examples set by competitors Evergrande and Modern Land, Chinese real estate company Sunac has hired Houlihan Lokey and Sidley Austin to help it reach a “holistic solution” on its debt, after failing to meet payment deadlines on US dollar bonds.
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