BRIEF-China Huishan Dairy Holdings Company updates on debt restructuring

* Has been informed by Yang Kai, its Chairman & controlling shareholder, that his debt restructuring adviser expects to engage with creditors

* Adviser believes it is unlikely for creditors of YK Entities to agree debt restructuring if such creditors’ exposure to co is not resolved at same time

* Been informed that debt restructuring proposals contemplate grouping businesses &/or assets of group & selected YK entities under intermediate holding co Source text (bit.ly/2uhID2f) Further company coverage:

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Source: Reuters

Link: https://www.reuters.com/article/brief-china-huishan-dairy-holdings-compa-idUSFWN1JU0HA

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