Evergrande, which has more than $300 billion of total liabilities, defaulted on its offshore debt in late 2021 and became the poster child ...

Country Garden reiterated on Wednesday that it expects to be unable to meet all of its offshore debt obligations and hopes to seek a "holis...

The repayments had not been made by early Wednesday, Reuters reported. The company last week warned of its inability to meet offshore debt ...

Non-payment of this tranche is set to trigger cross defaults in other bonds as is standard in bond contracts.

China Evergrande Group has reportedly sold its luxury superyacht, Event, for about $32 million as part of its efforts to sell non-core asse...

China Evergrande Group's chairman, Hui Ka Yan, has reportedly been placed under police surveillance, adding to uncertainties surrounding th...

A debt crisis in China's property sector, which accounts for roughly a quarter of the economy, has sent jitters across global markets and p...

The move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petiti...

The company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...

China Evergrande Group entered into three restructuring support agreements with members of AHG (ad-hoc group) to help implement its proposa...

"We're all waiting for Evergrande's proposal to get an idea of the terms and it'll set a benchmark," said a senior executive of a property ...

The rating agency in December downgraded Evergrande and its subsidiaries, Hengda Real Estate Group Co Ltd and Tianji Holding Ltd, to so-cal...

Evergrande Group, once China's top selling developer and now struggling to repay its creditors, suppliers and investors in wealth managemen...

Great Offshore's net profit in the financial year 2011-12 fell by 27% to Rs 74.34 crore as against Rs 101.7 crore in the year ago period.

Early this week, rating company Crisil downgraded the rating assigned to the debt of Great Offshore to default grade from investment grade.

The lenders of Great Offshore (GOL) may consider restructuring its debt due to delay on its part in servicing bank loans.

Indian lenders are set to restructure loans close to Rs 3,900 crore of Bharati Shipyard, the country's second-largest private shipyard.