Oaktree Capital
Evergrande offers sales of Hong Kong land despite receiver appointed
China's Evergrande has continued to sell the piece of undeveloped land in Hong Kong to which its lender had appointed a receiver, Reuters reported on Feb. 4. A source familiar with the matter said the debt-laden company would use the funds from the transaction to pay off its creditor—U.S.-based Oaktree Capital. Evergrande will reclaim the ...
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