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Evergrande Will Come Up With a Plan to Restructure Its Debt — Within Six Months

Evergrande Will Come Up With a Plan to Restructure Its Debt — Within Six Months

What’s new: Debt-ridden China Evergrande Group said Wednesday it aims to submit a preliminary debt restructuring proposal within six months as it struggles to allay creditors’ concerns over its ability to repay a mountain of debt. At a meeting with creditors, Xiao En, an Evergrande executive board member, said the board and...

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Chen Yong China Evergrande Group Evergrande Guosen Xiao En

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