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U.S. distressed debt investor applies to wind up China Evergrande Group subsidiary in BVI over ‘$6.4B debt’

U.S.-based distressed debt investor Purple Chrysanth Master, LLC, claiming to be “an ultimate beneficial holder” of nearly $6.4 billion of debt, has applied to liquidate a subsidiary of bankrupt Chinese property developer China Evergrande Group called Scenery Journey Limited in the British Virgin Islands.