Property News · April 28, 2023

Evergrande debt restructuring progresses as more creditors get on board but credit risk concerns remain


China Evergrande Group, one of the world’s most indebted property developers, sees progress in its debt recast plan after it announced sweeteners but analysts worry about additional funding needs in the next three years.

Source : South China Morning Post
Read more…Evergrande debt restructuring progresses as more creditors get on board but credit risk concerns remain