China’s Evergrande says lenders have claimed $2bn in cash
Lenders to a property services unit of China Evergrande Group have claimed more than $2bn of its cash, dealing a blow to international investors in the heavily indebted real estate developer who were hoping to recoup some of their losses through the subsidiary.
中国恒大集团(China Evergrande Group)旗下物业子公司已被相关银行强制执行逾20亿美元存款。对这家负债累累的房地产开发商的国际投资者来说，这件事是一个打击，他们本希望通过这家子公司来挽回部分损失。
The claim stands to hit the remaining value of Evergrande’s international bonds, which are already trading at a fraction of their $20bn face value following the company’s default late last year. A bond maturing in 2025 is trading at 13 cents on the dollar.