CHINA EVERGRANDE GROUP - Insolvency petition against real estate conglomerate ready - International creditor and DMSA seek co-venturers filing for insolvency too8.12.2021 11:47:17 EET | DMSA Deutsche Markt Screening Agentur GmbH
The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments on December 6, 2021. The previous Friday, the company officially admitted for the first time that it was in the very deepest financial trouble. The debts of the real estate giant now amount to more than $300 billion. In cooperation with DMSA Deutsche MarktScreening Agentur GmbH, a creditor has prepared an insolvency petition against Evergrande Holding. Now, fellow campaigners are being sought before the application is filed with the court.