China’s Mega Restructure; Trouble in India
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Evergrande’s struggle to restructure billions of dollars in debt has significant implications for credit markets and the clock is ticking. The embattled Chinese property developer has about $290 billion in liabilities and faces a March 20 court hearing on a winding-up petition. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie is joined by Alice Huang, who covers China’s credit markets for Bloomberg News from Hong Kong, for an in-depth discussion. Meanwhile in India, Bloomberg Intelligence analyst Mary Ellen Olson assesses the risks for Vedanta Resources, which is running into liquidity problems.See omnystudio.com/listener for privacy information.
China’s Mega Restructure; Trouble in India