Evergrande
Real Estate · Australia · 11-50 Employees
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Overview
Headquarters
189 Queen St Ste 202, Melbourne, Victori...Phone Number
+61 390697454Website
www.evergrande.com.auRevenue
<$5 MillionIndustry
About Evergrande
Evergrande Org Chart
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Evergrande News & Media
Evergrande enters debt restructuring plan with creditors
Chinese property developer Evergrande said it has entered into a restructuring agreement with a group of international creditors, in what could be a breakthrough deal toward easing the developer's massive debt. Evergrande announced a long-awaited restructuring proposal last month, offering creditors a choice to swap their debt into new notes issued by the company and equities in two subsidiaries, Evergrande Property Services Group and Evergrande New Energy Vehicle Group.Evergrande Signs Restructuring Deal With Major Creditors
(Bloomberg) -- China Evergrande Group said it’s clinched an offshore restructuring deal with a key creditor group, laying a cornerstone in the property developer’s debt-overhaul road. Most Read from BloombergChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskGoogle Wants You to Never Overpay for a Flight AgainSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiChina's property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache
China's post-pandemic recovery is sending a clear and urgent message to the nation's fallen property tycoons: shape up, reorganise and get on with working out their debt. The rush is on. China Evergrande's Hui Ka-yan and his beleaguered industry peers have set March as a key target. By the end of the month, they want to have a done deal with their creditors, or at least have something to show. If not, they could missChina Evergrande Will Swap Defaulted Debt in Court Restructuring
(Bloomberg) -- China Evergrande Group, once among China’s biggest developers and now a poster child for its property crisis, laid out details of a multi-billion dollar restructuring plan that calls for its offshore creditors to swap their debt for new securities. Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled
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Frequently Asked Questions Regarding Evergrande
Evergrande is a property development group dedicated to creating beautiful built forms and delivering high-quality construction, capital, and property solutions. The company operates through three main arms: Evergrande Projects for construction, Evergrande Capital for investment management, and Evergrande Properties for full-service development. Wi... Read More