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08.07 - 04:57
China Evergrande set to outline plan to restructure by end of July
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China Evergrande is aiming to announce a preliminary restructuring plan by the end of July, a possible sign that the real-estate developer is on track to address its financial woes.
“The company is actively pushing forward with its restructuring work,” Evergrande, which has defaulted on several of its commitments to foreign bondholders, said 20 June.
Evergrande...
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