Tue 05/02/2023 20:55 PM
UPDATE 2: 8:56 p.m. ET 5/2/2023: Key offshore non-core assets attributable to China Evergrande Group’s (CEG) noteholders under the company’s proposed offshore restructuring plan includes: 1) a 50% stake in Millennium Golden Jiachen International Hotels Group Limited which potentially holds
Fairmont Chateau Montebello in Quebec, Canada; 2) CNY 3.43 billion ($495.5 million) of shareholder loans and receivables owed by Hong Kong-listed China Ruyi Holdings Limited and its controlling shareholder;...
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