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Evergrande’s Restructuring Plan For Offshore Debt Still Carries Considerable Risks For Creditors

Por: Forbes Business March 23, 2023

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Evergrande Real Estate Group Chairman Hui Ka Yan (Photo by Nora Tam/South China Morning Post via Getty Images)South China Morning Post via Getty Images China Evergrande Group has unveiled its plan to restructure about $19 billion of offshore debt, buying more time for its billionaire founder to resume operations and generate much-needed cash. But analysts say the plan lacks details and offers less-than-favorable terms for creditors. Holders of... + full article



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