[ad_1] China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer pushes forward on plans…
Tag: EGRNF
China Evergrande’s Losses Sharply Narrowed in 2022
[ad_1] China Evergrande Group, the world’s most indebted developer, narrowed its losses significantly in 2022 as it clawed its way back to the business of selling properties and reined in…
Chinese Property Giant Country Garden Sends Another Distress Signal
[ad_1] Country Garden is warning of a record loss, saying the developer has been attempting a ‘self-rescue.’ [ad_2] Source link
Chinese Local Governments Used Fake Property Deals to Boost Revenues
[ad_1] Share Listen (2 min) [ad_2] Source link
Evergrande Strikes Deal for $19 Billion Bond Restructuring
[ad_1] The restructuring has been agreed to by a group that holds more than a fifth of the property developer’s international bonds. Other bondholders have until March 31 to approve…
Evergrande Restructuring Is a Warning to China’s Other Creditors
[ad_1] Markets Heard on the Street Offshore creditors who lent the property developer billions are discovering they have little if any meaningful recourse [ad_2] Source link
Chinese Developer Evergrande Nears Landmark Restructuring Deal
[ad_1] China Evergrande Group, the giant property company that defaulted on its U.S. dollar bonds more than a year ago, is close to striking a debt restructuring deal with foreign…
China Property Sector Left in Limbo by Stalled Debt-Restructuring Talks
[ad_1] Markets Many debt negotiations are moving slowly, creating an overhang for a housing sector that is trying to recover [ad_2] Source link
Evergrande’s Foreign Bondholders Push Back as Hearing Looms
[ad_1] Markets Credit Markets Competing claims between international bondholders and creditors in mainland China are one of the issues the property developer needs to resolve [ad_2] Source link