“ The company would face immense repayment pressure at once.” Evergrande is planning to include all its offshore public bonds and private debt obligations in a restructuring that may rank among the nation’s biggest ever, people familiar with the matter said....
It would include public notes sold by Evergrande and unit Scenery Journey Ltd., according to the people, who asked not to be identified discussing private information....
The firms have sought to cut exposure to the sector, reducing the
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2021-12-07 00:00:00.0