Evergrande Sells Superyacht and Jet as Debt Crisis Forces Asset Sales
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Evergrande sold its $60 million luxury superyacht Event earlier this year for around $32 million.
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The sale shrinks Evergrande's offshore assets as it struggles with a major debt crisis.
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Offshore creditors are expected to focus on recovering Evergrande's remaining overseas assets.
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Evergrande also sold a private jet last year for $100 million.
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Creditors could target any unpledged offshore assets of Evergrande and its founder amid debt restructuring.