04.10.2016 13:38:00

China Evergrande Group -- Moody's: Evergrande's proposed reorganization would strengthen its access to equity capital

Hong Kong, October 04, 2016 -- Moody's Investor Service says that China Evergrande Group's (B2 negative) proposed reorganization through a cooperation agreement with Shenzhen Investment Holding Co. Ltd (unrated) -- if completed -- will strengthen Evergrande's access to onshore equity capital and potentially bring in new equity.

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