Evergrande held talks with collectors this week -Bloomberg Information


(Reuters) – China Evergrande Group held talks this week with collectors who had opposed its restructuring plan, Bloomberg Information reported on Thursday citing individuals conversant in the matter.

Representatives of Evergrande informed some traders in regards to the discussions with the collectors who’re a part of the so-called “Class C” group, the report mentioned, including that particulars of the talks weren’t obtainable.

Final week, Evergrande mentioned it was revising the phrases of a proposed offshore debt restructuring deal to satisfy the agency’s scenario and collectors’ demand.

(Reporting by Jose Joseph in Bengaluru; Enhancing by Tom Hogue)