An Evergrande Restructuring Would Prompt Bondholder Jostling
- Bringing diverse group of investors together a challenge
- Bondholders have had some recent success in organising
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As a potential restructure for China Evergrande Group edges closer to reality, its bondholders will face an unprecedented challenge advocating for their interests.
With 13 outstanding dollar bonds, including one note touted as one of the most widely traded in the world, and a diverse group of bondholders globally, getting organized is going to be tricky.