HNA Group Says Restructuring Completed After Two Years of Work
The HNAÂ Group Co. building in Beijing.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
HNA Group Co., the conglomerate that collapsed with billions of dollars of debt, has completed its restructuring work after a joint working group was set up more than two years ago to handle the task.
All four restructuring plans related to HNA Group have been completed with court approvals, the conglomerate said on its official Wechat account, adding that the “risk-disposal work” is basically finished.