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Home » Evergrande held talks with creditors this week -Bloomberg News
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Evergrande held talks with creditors this week -Bloomberg News

News RoomBy News RoomOctober 27, 20230 Views0
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© Reuters. FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo

(Reuters) – China Evergrande (HK:) Group held talks this week with creditors who had opposed its restructuring plan, Bloomberg News reported on Thursday citing people familiar with the matter.

Representatives of Evergrande told some investors about the discussions with the creditors who are part of the so-called “Class C” group, the report said, adding that details of the talks were not available.

Last week, Evergrande said it was revising the terms of a proposed offshore debt restructuring deal to meet the firm’s situation and creditors’ demand.

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