How Is HNA's $16 Billion in Asset Sales Going? We've Kept Score

How Is HNA's $16 Billion in Asset Sales Going? We've Kept Score

(Bloomberg) -- HNA Group Co. just put its Park Hotels & Resorts Inc. stake up for sale as the embattled Chinese conglomerate scrambles to repay its debts. The proposal brings the total amount of HNA asset sales emerging this year to over $9 billion, or more than half the 100 billion yuan ($16 billion) in disposals that the company is said to have targeted by the first half of the year.

The disposals, driven by a liquidity squeeze at HNA, are mainly real-estate properties and shares. Here’s a breakdown:

The Park Hotels announcement also means that there are potentially more than $6 billion of asset sales that have yet to emerge. HNA’s real estate properties were d at more than $14 billion as of the end of last year, according to Real Capital Analytics estimates, and data compiled by Bloomberg shows the group has more than $25 billion in shareholdings, including stakes in Deutsche Bank AG.

Below is a list of links to stories on individual asset sales.

©2018 Bloomberg L.P.

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