Property News · May 27, 2022

Evergrande discussing staggered payments, debt-to-equity swaps for US$19 billion offshore bonds, sources say


Evergrande is reeling under more than US$300 billion in liabilities and has become the poster child of the country’s property sector crisis as it lurched from one missed payment deadline to another last year.

Source : South China Morning Post
Read more…Evergrande discussing staggered payments, debt-to-equity swaps for US billion offshore bonds, sources say