China evergrande According to people familiar with the matter, the group is yet to reach an agreement with its international bondholders on restructuring the troubled asset giant, as a July deadline to unveil a preliminary plan looms.
Chinese real-estate developer with more than $300 billion in liabilities, default on your US dollar bond In December 2021 after months of liquidity problems. In late January, when creditors demanded updates and threatened to sue the company Evergrande Pledged to issue an initial restructuring plan within six months.