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- On Friday, Evergrande said in a long-awaited update on its preliminary offshore restructuring proposal that it expected due diligence work on the group to be completed in the near future, and it aims to announce a specific plan in 2022.
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Jul 29, 2022 · HONG KONG, July 29 (Reuters) - China Evergrande Group (3333.HK) will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore...
- Evergrande offers sweetener for debt revamp as China property ...
China Evergrande Group will offer its offshore creditors...
- Evergrande offers sweetener for debt revamp as China property ...
Jan 29, 2024 · The case that resulted in Monday's ruling was brought in June 2022 by Hong Kong-based Top Shine Global, which said that Evergrande had not honoured an agreement to buy back shares. Why...
Jan 29, 2024 · Evergrande unveils its restructuring plan including allowing creditors to swap debt into new notes.
Oct 30, 2023 · A Hong Kong High Court judge has given crisis-hit Chinese property giant Evergrande one last chance to come up with a new deal over its huge debts or face liquidation. A winding-up hearing,...
Mar 23, 2022 · Embattled Chinese developer Evergrande has assured investors it will unveil a debt restructuring proposal for its creditors by the end of July, after concerns about its financial health were renewed by a delay in publishing its annual results. Key points: Senior figures of the company held a call with global investors last night.
Embattled Chinese property giant Evergrande has announced plans for restructuring around $20bn (£16.2bn) in offshore debt, which could be seen as a model for other struggling developers. The...
Jul 29, 2022 · China Evergrande Group will offer its offshore creditors asset packages that may include shares in two overseas-listed units as a sweetener, the developer said on Friday, as a stifling liquidity...
