Hui Ka-yan , the founder and chairman of China Evergrande Group, during a 2017 press conference in Guangzhou. Photo: Getty Images.
Hui Ka-yan , the founder and chairman of China Evergrande Group, during a 2017 press conference in Guangzhou. Photo: Getty Images.

Evergrande dangles sweeteners for time from bondholders and creditors to deliver a workout plan for the world’s largest real estate debt woes

  • Evergrande is promising global bondholders and creditors asset packages, and outlined what it called preliminary principles for restructuring its offshore debt
  • The asset packages may include shares of China Evergrande New Energy Vehicle Group and Evergrande Property Services Group, the company said

Hui Ka-yan , the founder and chairman of China Evergrande Group, during a 2017 press conference in Guangzhou. Photo: Getty Images.
Hui Ka-yan , the founder and chairman of China Evergrande Group, during a 2017 press conference in Guangzhou. Photo: Getty Images.
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