{"id":123292,"date":"2021-11-18T10:32:01","date_gmt":"2021-11-18T03:32:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/"},"modified":"2021-11-18T12:03:41","modified_gmt":"2021-11-18T05:03:41","slug":"china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/","title":{"rendered":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt"},"content":{"rendered":"


\nChina Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further HK$2.13 billion (US$273 million) as the embattled developer faces deadlines to pay overdue interest on its debt next week.Evergrande sold 1.66 billion shares of HengTen to Allied Resources Investment Holdings at HK$1.28 a share, representing a 24.3 per cent discount to its closing price on Wednesday, according to a Hong Kong stock exchange filing on Thursday.The world\u2019s most indebted developer,\u2026
\n
\nSource : South China Morning Post
\nRead more…China Evergrande raises US3 million with exit from HengTen as creditors await payments on local and offshore debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123292","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w4A","jetpack-related-posts":[{"id":124345,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-urges-offshore-creditors-to-avoid-hostile-actions-while-it-evaluates-workout-plan-on-us310-billion-of-liabilities\/","url_meta":{"origin":123292,"position":0},"title":"Evergrande urges offshore creditors to `avoid hostile actions\u2019 while it evaluates workout plan on US$310 billion of liabilities","date":"January 25, 2022","format":false,"excerpt":"\r China Evergrande Group is asking its offshore creditors to refrain from taking hostile enforcement actions to recover their debt as the developer makes \u201cunremitting efforts\u201d to reorganise more than US$310 billion of liabilities.The group will need more time to evaluate the number of potential solutions before it can further\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-aims-for-offshore-debt-restructuring-agreement-with-creditors-by-end-of-march-hong-kong-court-hears\/","url_meta":{"origin":123292,"position":1},"title":"China Evergrande aims for offshore debt restructuring agreement with creditors by end of March, Hong Kong court hears","date":"March 20, 2023","format":false,"excerpt":"\r The heavily indebted developer told a Hong Kong court it had the support of its overseas creditors for the proposed restructuring, and will publish the term sheets as early as Wednesday.\r \r Source : South China Morning Post\r Read more...China Evergrande aims for offshore debt restructuring agreement with creditors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developer-hiring-more-legal-advisers-to-tackle-debt\/","url_meta":{"origin":123292,"position":2},"title":"Evergrande crisis: Chinese developer hiring more legal advisers to tackle debt","date":"January 21, 2022","format":false,"excerpt":"\r China Evergrande Group said it was hiring more financial and legal advisers to deal with creditors\u2019 demands, after a group of offshore bondholders warned of enforcement action, taking it a step forward in resolving its debt issues.The embattled developer, struggling with 1.97 trillion yuan (US$305 billion) of liabilities, said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-wins-support-from-some-creditors-for-us19-billion-offshore-debt-workout\/","url_meta":{"origin":123292,"position":3},"title":"Evergrande wins support from some creditors for US$19 billion offshore debt workout","date":"April 4, 2023","format":false,"excerpt":"\r A debt agreement covering US$19.15 billion of its offshore borrowing is being termed as \u2018a substantial milestone\u2019 by Chinese property behemoth Evergrande.\r \r Source : South China Morning Post\r Read more...Evergrande wins support from some creditors for US billion offshore debt workout","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-raises-us144-million-as-it-sells-down-stake-in-hengten-networks\/","url_meta":{"origin":123292,"position":4},"title":"Evergrande raises US$144 million as it sells down stake in HengTen Networks","date":"November 9, 2021","format":false,"excerpt":"\r Embattled property developer China Evergrande Group raised about HK$1.12 billion (US$144 million) by further selling down its stake in internet company HengTen Networks Group as it faces a cascading series of interest payments on its offshore debt.Evergrande sold 530 million shares in a series of sales since November 4,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-huis-arrest-clouds-debt-support-deal-with-offshore-creditors-access-to-assets\/","url_meta":{"origin":123292,"position":5},"title":"Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors, access to assets","date":"September 29, 2023","format":false,"excerpt":"\r China Evergrande\u2019s US$20 billion debt workout plan is at risk of falling apart in the home stretch, as the \u2018arrest\u2019 of Hui Ka-yan clouds the founder\u2019s capacity to deliver his obligations.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123292"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123292"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123292\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}