• 09/21/2024

Evergrande Negotiating 11th-Hour Restructuring Deal to Avoid Liquidation

Wall Street Journal

Chinese property giant Evergrande and its biggest foreign creditors are negotiating an 11th-hour deal to prevent a liquidation of the company’s offshore businesses on Monday, according to people familiar with the matter.

https://www.wsj.com/articles/evergrande-negotiating-11th-hour-restructuring-deal-to-avoid-liquidation-b03329b0