Evergrande will hold an online meeting with onshore bondholders this week in an attempt to delay repayment deadlines.
Hengda Real Estate Group, the Chinese developer’s main onshore subsidiary, will hold the meeting and subsequent series of votes from 7-10 January with holders of its Rmb4.5bn ($707m) onshore bond, the company said in a statement to the Shenzhen stock exchange on Wednesday.
Evergrande will seek to change the date of a redemption option that would allow investors to redeem them from 8 January to 8 July. It will also aim to delay a coupon payment due over the same period.
