Country Garden gets nod for changes to bond covenants

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Country Garden gets nod for changes to bond covenants

Issue: 1145 - 11 March 2010

Keywords: country garden, shimao, agile, Guangzhou R&F properties

Bondholders this week agreed to change the terms of a high yield bond sold little more than six months ago by Chinese property company Country Garden, allowing it to increase its debt level and go ahead with its plan to join a consortium hoping to profit from the Asian Games next November. ..

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