Reuters reveals Evergrande eyes onshore assets as sweetener for offshore debt restructuring

Trade & Finance

Reuters solely published belongings developer China Evergrande Team plans to make use of home belongings as sweeteners to win offshore creditor popularity of a long-awaited debt-restructuring proposal. Evergrande, engulfed through $300 billion in liabilities, goals to start out negotiating restructuring phrases subsequent month and is combing via onshore belongings to provide as further credit score enhancement to holders of its U.S. dollar-denominated bonds.

Article Tags

Subjects of Passion: Trade & Finance

Kind: Reuters Easiest

Sectors: Trade & Finance

Areas: Asia

International locations: China

Win Varieties: Exclusivity

Tale Varieties: Unique / Scoop

Media Varieties: Textual content

Buyer Have an effect on: Vital Nationwide Tale

Supply hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *