[香港 ２９日 ロイター] – China Evergrande Group, a major Chinese real estate developer with a huge amount of debt, announced on the 29th that it will propose a restructuring proposal including a stock swap between two affiliated companies for foreign currency debts that have not been paid.
The asset package could include stakes in Hong Kong-listed property management services firm Evergrande Group and electric vehicle maker Evergrande New Energy Automobile Group, the people said.
A person familiar with the restructuring plan told Archyde.com that China Evergrande aims to complete an assessment of the group’s assets next month and begin negotiations with creditors on specific terms.
After that, the company hopes to present a more detailed restructuring plan by November and seek approval from its major creditors.
China Evergrande said last month that it would announce its restructuring plan by the end of July, as originally planned.