Evergrande to bring in KWM, Zhenro bondholders agree exchange offer
Credit: shutterstock/Lewis Tse Pui Lung
Evergrande has announced plans to add King Wood & Mallesons to its legal team after lenders to a subsidiary seized over US$2 billion of cash – while a majority of fellow Chinese property developer Zhenro’s bondholders have signed up to exchange Chinese and US dollar notes.
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