Evergrande misses deadline for $300bn debt restructuring plan

Evergrande misses deadline for $300bn debt restructuring plan

Evergrande has failed to meet a self-imposed deadline for a proposal to restructure its $300bn in liabilities, adding to uncertainty over the fate of the world’s most indebted real estate developer. The struggling property business, which was the most prominent default last year in a sector-wide liquidity crisis in China that shook its entire real …

Evergrande misses deadline for $300bn debt restructuring plan Read More »