Logan Group Allots Over 62% of Onshore Bonds in Major Debt Restructuring Progress
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Logan Group Co. Ltd. has made significant progress in its onshore debt restructuring, allotting bonds worth RMB13.66 billion, which is over 62% of its total outstanding principal for 21 onshore public bonds as of July 10, 2025. The company is utilizing cash repurchase, in-kind debt settlement, and specific asset trusts in its restructuring efforts. Further measures will include additional asset-for-debt and cash repurchase options to resolve debt issues and support a return to normal operations.
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