The Evergrande Group headquarters is seen near other skyscrapers and construction sites in Shenzhen, southern Guangdong province on September 24, 2021. Photo: AP
The Evergrande Group headquarters is seen near other skyscrapers and construction sites in Shenzhen, southern Guangdong province on September 24, 2021. Photo: AP

China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt

  • Embattled property developer faces more deadlines next week on overdue interest for domestic and offshore debt
  • Evergrande is seeking to avoid a collapse under more than US$300 billion of liabilities while founder Hui Ka-yan injects cash from own pocket

Topic |   Banking & finance
The Evergrande Group headquarters is seen near other skyscrapers and construction sites in Shenzhen, southern Guangdong province on September 24, 2021. Photo: AP
The Evergrande Group headquarters is seen near other skyscrapers and construction sites in Shenzhen, southern Guangdong province on September 24, 2021. Photo: AP
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