Evergrande Group filed for bankruptcy protection in the United States? Informed sources: Evergrande indeed took the initiative to apply for the normal procedure of debt restructuring
- Th08 18, 2023, at 6:00 pm
In response to a recent market heated discussion on that China Evergrande Group filed for bankruptcy protection in the Manhattan Court of New York under Chapter 15 of the US Bankruptcy Code, informed sources said to the reporter of the Cailian Press that Evergrande had indeed applied for this move on its own initiative and announced it as a normal procedure to restructure its US-dollar debt, that is, it needs to apply for bankruptcy protection for debt restructuring.
