Updated: Peking Founder’s keepwell bonds fail to sail through China court
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Updated: Peking Founder’s keepwell bonds fail to sail through China court

court_Adobe_11June

The administrator of Peking University Founder Group’s debt has decided not to recognise the dollar bonds that came with a keepwell deed and deed of equity interest purchase undertaking, a move that can have a ‘major impact’ on the region’s debt market.

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