Evergrande Strikes Deal for Bond Restructuring

Evergrande Strikes Deal for Bond Restructuring

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The Evergrande Mingdu residential complex in Jiangsu province, China, is one of the many properties owned by Evergrande Group. China Evergrande Group, the giant property developer that defaulted on its U.S. dollar bonds more than a year ago, has struck a crucial deal with a group of bondholders,…

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