📝 Evergrande Group is finally restructuring its debt two years after its collapse. China's second-largest property developer revealed a multi-billion dollar restructuring plan that it hopes will make peace with its international creditors. The company offered its international creditors two options: swapping their holdings for 10 to 12-year notes or converting them into new 5-9 year notes and equity-linked instruments. As a reminder, Evergrande's 2021 collapse sparked China's worst property market crisis in history, so this could help restore some confidence and encourage further investment in the space. Roughly 84% of the company's offshore debt holders have approved the proposal so far. CNN Business has more.