Evergrande features sweetener for credit card debt revamp as China realty disaster worsens

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China Evergrande Team will supply asset offers that might consist of shares in its two abroad-listed organizations as a sweetener for restructuring offshore financial debt, the developer claimed, as a stifling liquidity crisis in the assets sector proceeds.

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The two listed units are Evergrande

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Evergrande offers sweetener for credit card debt revamp as China property disaster worsens

A partly removed firm logo of China Evergrande Team is noticed on the facade of its headquarters, close to a targeted traffic light in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton

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HONG KONG, July 29 (Reuters) – China

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