HONG KONG: China Evergrande Group, the world’s most indebted developer, said it expects to receive restructuring support from offshore creditors by as early as February, helping its plea to adjourn a winding-up hearing again.
The developer wants to offer restructuring terms for its dollar debt and get backing from major creditors by the end of February or early March, Evergrande’s legal representative said during a hearing in Hong Kong on Monday.
