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'Evergrande offshore bondholder group to join liquidation petition'

IndiaTimes Wednesday, 24 January 2024
A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing in a Hong Kong court. The bondholder group owns more than $2 billion in offshore notes guaranteed by Evergrande. Their support to a winding-up petition could increase the chances of an immediate liquidation order.
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