China Evergrande’s liquidators ask financiers to sign up with restructuring procedure

( Reuters) – Liquidators of greatly indebted home designer China Evergrande stated on Friday it is open to learning through financiers thinking about reorganizing the firm or its components.

Provided the home designer’s high financial debt and organization difficulties, the liquidators do not presently see a course to reorganizing that would certainly permit Evergrande to return to trading of its shares, the firm stated in an exchange declaring.

( Coverage by Roushni Nair in Bengaluru; Modifying by Arun Koyyur)