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Offshore Creditors of Evergrande and Kaisa May Not Get Anything Back
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40 views • December 14, 2021
https://gnews.org/1749778/
12/10/2021 Bloomberg: Evergrande and Kaisa’s bonds are trading at 20 cents on the dollar and offshore creditors are going to be at the bottom of the payback. These property developers have issued their bonds via some offshore entity, and whether or not they’re going to even pay back those creditors is yet to be tested in the China legal system.
12/10/2021 Bloomberg: Evergrande and Kaisa’s bonds are trading at 20 cents on the dollar and offshore creditors are going to be at the bottom of the payback. These property developers have issued their bonds via some offshore entity, and whether or not they’re going to even pay back those creditors is yet to be tested in the China legal system.
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