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Evergrande: Unit ordered to pay $1.1bn over unpaid debt

It came just two days after the crisis-hit firm outlined plans to restructure its overseas liabilities. ....

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Chinese developer Evergrande's unit ordered to pay out $1.1 bn

In July 2021, the guarantor, who was not named in the statement, provided a guarantee for the borrowings of certain entities controlled by Evergrande, the company said in a statement to the Hong Kong stock exchange. ....

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