Stay of execution: Chinese giant looks to delay its day of reckoning – Sydney Morning Herald
April 5, 2023 11.56am April 5, 2023 11.56am Normal text sizeLarger text sizeVery large text size China Evergrande, the worlds most indebted property company, has finally convinced a core group of its creditors to support a restructuring of its $US20 billion ($30 billion) of offshore bonds. The nature of the deal, however, will provide little…