{"id":135771,"date":"2023-04-04T12:39:24","date_gmt":"2023-04-04T05:39:24","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-wins-support-from-some-creditors-for-us19-billion-offshore-debt-workout\/"},"modified":"2023-04-04T12:54:37","modified_gmt":"2023-04-04T05:54:37","slug":"evergrande-wins-support-from-some-creditors-for-us19-billion-offshore-debt-workout","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-wins-support-from-some-creditors-for-us19-billion-offshore-debt-workout\/","title":{"rendered":"Evergrande wins support from some creditors for US$19 billion offshore debt workout"},"content":{"rendered":"<p>&#013;<br \/>\nA debt agreement covering US$19.15 billion of its offshore borrowing is being termed as \u2018a substantial milestone\u2019 by Chinese property behemoth Evergrande.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3215928\/evergrande-wins-support-some-creditors-us19-billion-offshore-debt-workout?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Evergrande wins support from some creditors for US billion offshore debt workout<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A debt agreement covering US$19.15 billion of its offshore borrowing is being termed as \u2018a&#46;&#46;&#46;<\/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-135771","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-zjR","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":135771,"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 &quot;Property News&quot;","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":135771,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-suffers-new-blow-after-failing-to-meet-rules-on-offshore-bond-sales-hobbling-years-of-efforts-to-restructure-us20-billion-of-defaulted-debt\/","url_meta":{"origin":135771,"position":2},"title":"China Evergrande suffers new blow after failing to meet rules on offshore bond sales, hobbling years of efforts to restructure US$20 billion of defaulted debt","date":"September 25, 2023","format":false,"excerpt":"\r China Evergrande\u2019s debt woes are deepening, two years after trying to fix its problems. It has fallen short of local requirements to sell new securities offshore, a key plank in its US$20 billion debt workout with creditors.\r \r Source : South China Morning Post\r Read more...China Evergrande suffers new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123292,"url":"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\/","url_meta":{"origin":135771,"position":3},"title":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt","date":"November 18, 2021","format":false,"excerpt":"\r China 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,\u2026","rel":"","context":"In &quot;Property News&quot;","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":135771,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/creditors-of-chinas-debt-laden-property-giant-evergrande-censure-botched-efforts-to-get-regulatory-nod-for-fundraising\/","url_meta":{"origin":135771,"position":5},"title":"Creditors of China\u2019s debt laden property giant Evergrande censure \u2018botched efforts\u2019 to get regulatory nod for fundraising","date":"October 9, 2023","format":false,"excerpt":"\r A group of offshore creditors of China Evergrande Group has called the debt-stricken developer\u2019s efforts to obtain regulatory approval to issue new securities as a \u201cbotched attempt\u201d adding that there was \u201czero clarity\u201d as to why such a fundraising exercise was disallowed.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135771"}],"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=135771"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135771\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}