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Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources

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Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources

China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity stake in each of the developer's two Hong Kong-listed subsidiaries, according to two sources familiar with the matter.

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Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources

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Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources

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