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#Evergrande Group

Seekingalpha.com

China Evergrande is said to seek creditor approval for restructuring proposals early 2023

China Evergrande Group (OTC:EGRNF) (OTC:EGRNY), the troubled property developer with over $300B in liabilities, is seeking to gain approval from its creditors for its debt restructuring proposals by as soon as end-February, Reuters reported Monday, citing the company's lawyers. The formerly prominent Chinese developer has found itself at the heart...
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Evergrande Aims To Win Approval For Restructuring Proposals Early Next Year

Embattled property developer China Evergrande Group aims to win creditors' approval for its debt restructuring proposals by as early as the end of February, the company's lawyers said on Monday. Once China's top-selling developer, Evergrande is now at the centre of the country's property crisis. Its $22.7 billion of offshore...
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wtvbam.com

Evergrande to sell Shenzhen commercial plot for $1.05 billion amid debt woes

(Reuters) – China Evergrande Group said on Monday its unit has entered into a deal to sell a piece of commercial land in Shenzhen for 7.54 billion yuan ($1.05 billion), as the embattled property developer looks to shave off its massive debt. Evergrande, which has about $300 billion in...
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vnexplorer.net

China Evergrande winding-up lawsuit again adjourned

HONG KONG: China Evergrande Group, the world’s most indebted developer, said it expects to receive restructuring support from offshore creditors by as early as February, helping its plea to adjourn a winding-up hearing again. The developer wants to offer restructuring terms for its dollar debt and get backing from...
mingtiandi.com

Evergrande Shenzhen HQ Site Sold Off to State-Backed Group for $1B

A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped of assets. With construction on the corporate HQ having halted...
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