An undated image of the construction site at the San Francisco Oceanwide Center. Photo: Facebook
An undated image of the construction site at the San Francisco Oceanwide Center. Photo: Facebook

China Oceanwide’s creditors seize control of stalled San Francisco skyscraper after developer’s US$334 million default

  • Offshore credit holders have taken over Oceanwide’s entire holdings in a stalled skyscraper development project in San Francisco
  • Two of Oceanwide’s notes, valued at a combined US$334 million, have matured

Topic |   Dealing with debt
An undated image of the construction site at the San Francisco Oceanwide Center. Photo: Facebook
An undated image of the construction site at the San Francisco Oceanwide Center. Photo: Facebook
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