Evergrande Restructuring Is a Warning to China’s Other Creditors
March 24, 2023 at 07:37 AM EDT
China Evergrande has finally laid out a debt-restructuring plan for its offshore creditors. The pain for its long-suffering debt investors, however, isn’t over yet. That also gives a warning to owners of other offshore property debt. Many investors piled into those bonds on the assumption that Beijing … Source
