A person familiar with the matter revealed that China Evergrande Group negotiated with some creditors who opposed the reorganization plan this week.
Bloomberg News made anonymous insider on Friday (October 27) that Evergrande representatives introduced some investors to discuss with some "C" creditors.Details of talks are unknown.Evergrande did not immediately comment on Friday.
Class C creditor is one of the main obstacles of the Evergrande Reading Plan. It has a debt of $ 15 billion (about S $ 20.5 billion), ranking second among various creditors.
Evergrande disclosed in April this year that two groups of creditors at that time did not give enough support to overseas debt restructuring plans, of which Class C creditors were a larger group.
Evergrande is the most liability developer in the world, with a total liabilities of about 2.39 trillion yuan (about S $ 449.2 billion).The Hong Kong High Court will hold a liquidation of the liquidation of Evergrande next Monday (30th). The judge asked Evergrande to provide "displayed documents for substantial reorganization" last week to avoid the fate of being liquidated.
Evergrande said last week that it is modifying the proposed reorganization terms, but no details are provided.Evergrande temporarily cancels the debt restructuring meeting in September, on the grounds that the reorganization suggestions need to be re -evaluated.