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HNA seeks long-term investment in step toward bankruptcy restructuring

2021/3/28 12:06:01
The once high-flying Chinese conglomerate HNA Group is seeking strategic investors for its airline, airport and retail businesses after receiving court approval to include the giant and 320 of its related companies in a single bankruptcy restructuring case.

HNA’s decision offers a glimpse at which parts of the conglomerate’s sprawling business empire might survive restructuring as the company attempts to crawl out from under the heap of debt it amassed during a global buying binge.

In one of the announcements, HNA’s restructuring team said that would-be strategic investors will be required keep operations of the private conglomerate’s core airline business unchanged. Specifically, investors won’t be allowed to sell any of HNA’s airlines, such as Shanghai-listed Hainan Airlines which is in danger of being delisted.
Author:管理员

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Hairong Business Hotel Nanning traffic info

Business zone:huochezhan
Area:Downtown
Address: Opposite to Anji Coach Station, Xixiangtang District(西乡塘区安吉大道安吉客运站正对面), Nanning, China,Downtown,Nanning,Guangxi

Hairong Business Hotel Nanning reserve:020-86007566 (CouponCode:24371) Busy or no answer, online booking please!
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Hairong Business Hotel Nanning address: Opposite to Anji Coach Station, Xixiangtang District(西乡塘区安吉大道安吉客运站正对面), Nanning, China,Downtown,Nanning,Guangxi

南宁海荣商务酒店Hairong Business Hotel Nanning

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