Evergrande's Debt Restructuring Plan

Evergrande's Debt Restructuring Plan

Assessment

Interactive Video

Business

University

Hard

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The video discusses Evergreen's offshore debt restructuring plan, which involves over $19 billion in debt. The plan requires 75% creditor support by a specific deadline to succeed. Some creditors are seeking more time, while others have already shown support. The video compares Evergreen's efforts with other companies like ACT and Fantasia, highlighting the challenges and strategies involved in meeting the required threshold.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount of offshore debt covered by Evergreen's restructuring plan?

Over 10 billion

Over 25 billion

Over 15 billion

Over 19 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the deadline for creditors to show support for Evergreen's restructuring plan?

5:00 PM Thursday, Hong Kong time

5:00 PM Friday, Hong Kong time

5:00 PM Wednesday, Hong Kong time

5:00 PM Saturday, Hong Kong time

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of creditor support is needed for Evergreen to successfully restructure its debt?

75%

60%

80%

50%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group of creditors is asking for more time to consider Evergreen's restructuring plan?

A group of small investors

A government agency

An offshore law firm

A group of local banks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company managed to get 75% creditor support before the consent fee deadline?

Unis

Fantasia

ACT

Evergreen