BEIJING (Reuters) -- China's debt-laden Tsinghua Unigroup on Wednesday said creditors had backed a draft restructuring proposal for the chip conglomerate after local media reported that a strategic investment of 60 billion yuan ($9.42 billion) was on the way.
Creditors representing more than 90% of outstanding claims voted in favor of the draft restructuring proposal at an investors' meeting on Wednesday, Unigroup said in a statement.
