China Evergrande announces preliminary offshore debt restructuring proposal

China Evergrande announces preliminary offshore debt restructuring proposal

Summary : A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters, near a traffic light in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton

HONG KONG, July 29 (Reuters) – China Evergrande Group (3333.HK) said on Friday its long-awaited preliminary restructuring proposal for its offshore debt will cover U.S. dollar debts issued by the company and its other offshore debt. Reporting by Sameer Manekar and Clare Jim; Editing by Sumeet Chaterjee and Arun Koyyur

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