Uncategorized Dec 10, 2021
China’s Evergrande restructuring: What’s the plan?
By Beiyi SEOW Debt-crippled Chinese property giant Evergrande looks headed for a huge restructuring after it defaulted on $1.2 billion in bond repayments and remains mired in further liabilities worth more than $300 billion.What would a restructuring mean for creditors, homeowners and investors? – Who gets priority? – The government is keen to limit any […]
By AFP