China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported citing two people familiar with the matter.
(Bloomberg) A large but secretive group of creditors is emerging as one of the last major roadblocks to a historic restructuring of China Evergrande Group.Most Read from BloombergDebris Spotted in Search for Missing US F-35 Fighter JetVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeTrillion-Dollar Industry Powering Chicago at Risk of LeavingXi’s Missing Defense Chief Opens Door for US Military TalksIdentified onl
A large but secretive group of creditors is emerging as one of the last major roadblocks to a historic restructuring of China Evergrande Group. Identified only as “Class C” creditors by Evergrande, the group is the second-biggest of its kind with $15 billion of claims and among the only two that didn’t provide sufficient backing for
HONG KONG (Reuters) - Fitch Ratings said on Thursday it has decided to withdraw its rating on embattled property developer China Evergrande Group and .