Evergrande has failed to deliver the debt restructuring plan it promised
The real estate company’s failure to meet its self-imposed deadline comes at a time when China’s entire real estate sector is facing a growing mortgage boycott and a drop in home sales. According to a stock exchange filing on Friday, Evergrande instead offered some details on “preliminary restructuring principles” for its offshore debt and said …
Evergrande has failed to deliver the debt restructuring plan it promised Read More »