China Evergrande liquidation: ‘thin payout’ likely for offshore creditors as legal drama plays out, S&P says

By Mia Castagnone,Salina Li

The liquidation order could be difficult to implement as most of Evergrande’s assets are not in the three mainland Chinese cities covered under a cross-border scheme, according to S&P Global Ratings.

Source: China Evergrande liquidation: ‘thin payout’ likely for offshore creditors as legal drama plays out, S&P says