Securities Times e company news, on March 22, China Evergrande (3333.HK) issued an announcement that Evergrande and the overseas creditor group have signed the main terms of the restructuring plan: Evergrande will issue new bonds to replace the original bonds; the new bonds The term is 4 to 12 years, and the annual interest is 2% to 7.5%. There is no interest payment in the first three years, and the interest payment starts at the beginning of the fourth year, and the payment is 0.5% of the principal. China Evergrande stated that the signing of the main terms of Evergrande’s overseas debt restructuring means that the restructuring will be successful. If Evergrande’s overseas debt is successfully restructured, the risk of liquidation ordered by the Hong Kong court will be removed.
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