China’s Evergrande says it is asking for US court to approve debt plan, not filing for bankruptcy

A giant Chinese real estate developer that is struggling to avoid defaulting on $340 billion in debt says it is asking a U.S. court to approve a restructuring plan for foreign bondholders and... #press

https://www.seattletimes.com/business/chinas-evergrande-says-it-is-asking-for-us-court-to-approve-debt-plan-not-filing-for-bankruptcy/?utm_medium=Referral&utm_campaign=RSS_all&utm_source=press.coop

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