Nov 1 (Reuters) - Shanghai-based property developer Yuzhou Group said on Friday it will raise around HK$12.01 billion ($1.54 billion) while it is in the middle of restructuring its offshore debts.
The company will issue 5.65 billion existing shares at HK$2.127 apiece.
($1 = 7.7739 Hong Kong dollars)
(Reporting by Sneha Kumar; editing by Alan Barona)
((Sneha.Kumar@thomsonreuters.com))
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