Home UncategorizedEvergrande held talks with creditors this week -Bloomberg News

Evergrande held talks with creditors this week -Bloomberg News

by Reuters

(Reuters) – China Evergrande Group held talks this week with creditors who had opposed its restructuring plan, Bloomberg News reported on Thursday citing people familiar with the matter.

Representatives of Evergrande told some investors about the discussions with the creditors who are part of the so-called “Class C” group, the report said, adding that details of the talks were not available.

Last week, Evergrande said it was revising the terms of a proposed offshore debt restructuring deal to meet the firm’s situation and creditors’ demand.

(Reporting by Jose Joseph in Bengaluru; Editing by Tom Hogue)

tagreuters.com2023binary_LYNXMPEJ9Q04G-BASEIMAGE

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.