China's Evergrande Group announces progress on overseas debt restructuring: further extending holding period.
China Evergrande Group announced in Hong Kong that the company and AddHero are finalizing the distribution arrangements for the relevant trust assets and have exercised discretion. According to the terms of China Evergrande's plan and AddHero's plan, the holding period will be further extended without extending the application deadline, awaiting the distribution of trust assets in accordance with the terms of the holding period trust agreement. The holding period will end when the trust assets are distributed.
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