China Evergrande Liquidators Recover Just 1 Percent of $46 Billion in Debt Claims

More than two and a half years after its liquidation order, Evergrande’s liquidators have recovered only 1% of the $46 billion in debt claims. Of the $435.9 million recovered, $280.8 million went to the parent company, leaving creditors unpaid. Distributions are tentatively planned for the first half of 2027, but the amount creditors will receive remains unknown.

• Liquidators of Evergrande have recovered $435.9 million, representing 1% of the $46 billion in debt claims.
• Approximately $280.8 million was recovered directly by or transferred to the parent company.
• Creditors have not yet received any payments.
• Liquidators plan to begin distributions in the first half of 2027 but cannot estimate the amount creditors will receive.