Property News · September 29, 2023

Evergrande crisis: Hui’s ‘arrest’ clouds debt-support deal with offshore creditors, access to assets


China Evergrande’s US$20 billion debt workout plan is at risk of falling apart in the home stretch, as the ‘arrest’ of Hui Ka-yan clouds the founder’s capacity to deliver his obligations.

Source : South China Morning Post
Read more…Evergrande crisis: Hui’s ‘arrest’ clouds debt-support deal with offshore creditors, access to assets