China Evergrande says wants to engage more help to deal with debt

Reuters| Shanghai | China

Updated: 21-01-2022 05:38 IST | Created: 21-01-2022 05:38 IST

China Evergrande Group said on Friday that it was proposing to engage additional professionals to assist it in mitigating and eliminating the risks related to its debt and following up with demands from creditors.

The company said in a stock market statement that it was proposing to engage China International Capital Corporation Limited and BOCI Asia Limited as financial advisers, and Zhong Lun Law Firm LLP as legal adviser.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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