HONG KONG, March 22 (Reuters) – China Evergrande Group on Wednesday published long-awaited plans to restructure its $22.7 billion of offshore debt.
Evergrande, which began one of China’s biggest debt restructuring processes early last year, flagged on Monday that restructuring terms had been agreed by a key bondholder group and that it expected to sign a supporting agreement with general creditors by the end of March. (Reporting by Clare Jim and Xie Yu Editing by Himani Sarkar and David Goodman )