Evergrande to Engage More Advisers on Debt Risks

Chinese property developer Country Garden Holdings Co. has just sold nearly $4 billion Hong Kong Dollars in convertible bonds as China Evergrande Group says it will engage advisers to help with its debt issues. This comes as offshore bond holders…

Evergrande to Engage More Advisers on Debt Risks

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Chinese property developer Country Garden Holdings Co. has just sold nearly $4 billion Hong Kong Dollars in convertible bonds as China Evergrande Group says it will engage advisers to help with its debt issues. This comes as offshore bond holders say the distressed developer is failing to engage on its opaque restructuring plans. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Daybreak: Asia.”

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