Evergrande offers sales of Hong Kong land despite receiver appointed

Insights 02/06/22, 19:21

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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