China Evergrande Extends Debt Plan Deadline After Support Falls Short
Embattled developer China Evergrande Group has extended a deadline for investors to vote on its restructuring plan after failing to win enough support for the massive overhaul. Evergrande says holders of more than 77% of its Class A debts support the plan, but only 30% of Class C holders endorsed it.
Kevin Kingsbury reports on Bloomberg Television.
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