Troubled Sichuan Trust Offers 40% to 80% Compensation to Investors

More than three years after Sichuan Trust Co. Ltd. defaulted on billions of dollars of trust products, its 8,300 retail investors received a long-awaited repayment plan on Christmas Day.

The troubled trust firm published a repayment proposal on its website on Monday, offering 40% to 80% compensation ratios to investors based on the size of their investment. The company stated that the plan is designed to “tilt towards small and medium-sized investors.” Investors may opt in or out, and the plan will be implemented after court approval of the company’s restructuring.