China Evergrande’s property management arm launching US$2 billion IPO as developer seeks to pare massive debt

Evergrande Property Services’ IPO could raise as much as HK$18.17 billion if overallotment option is exercised

Evergrande, China’s largest and most indebted developer, has total debt amounting to US$122.4 billion

Evergrande Property Services’ IPO could raise as much as HK$18.17 billion from the IPO as mainland China’s biggest developer seeks to cut US$122.4 billion debt.…

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