22 min listen
BREAKING: Is Evergrande Group the next Lehman brothers?!
FromMarket Maker
ratings:
Length:
8 minutes
Released:
Sep 14, 2021
Format:
Podcast episode
Description
There is a breaking news story developing as China's largest property developer whose shares are now down 80% YTD have now hired Houlihan Lokey and Admiralty Harbour as financial advisers to assess their capital structure - it is likely a bankruptcy is coming. They have an eye-watering $310bn in liabilities and are now in a liquidity crunch where they cannot complete their developments so cannot generate the funds to pay creditors. Who are Evergrande, how did they end up in this situation, and what comes next? Hosted on Acast. See acast.com/privacy for more information.
Released:
Sep 14, 2021
Format:
Podcast episode
Titles in the series (100)
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