by laflammaster
https://twitter.com/next_china/status/1471342976496545792
Fitch downgrades Lanzhou from BB to BB+.
“There is no way we can repay so many creditors with our limited resources,” said an #Evergrande executive, who asked not to be identified. “We will let judges decide who gets paid and how much.”
H/T Financial Times.#EvergrandeCrisis
— CN Wire (@Sino_Market) December 16, 2021
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