Luckin Coffee Completes Restructuring, Emerges from Chapter 15

Luckin Coffee says it successfully completed the restructuring of its financial debt and emerges from Chapter 15 bankruptcy proceedings.

• Co. no longer subject to bankruptcy or insolvency proceedings in any jurisdiction
• “We are confident that Luckin Coffee is well positioned for long term growth and creation of stakeholder value,” CEO Jinyi Guo says

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Lin Cheng in New York at lcheng97@bloomberg.net

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Natalie Lung

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