Today news
About the same in other media
Evergrande Group averts default with overdue interest payment to bondholders
Reading now: 874
fnlondon.comChina Evergrande Group made an overdue interest payment to international bondholders, the state-owned Securities Times reported on 22 October, an unexpected move that allows the property company to stave off a default.
The Chinese real-estate developer on 21 October sent $83.5m to the trustee for the dollar bonds, and that financial institution will in turn pay bondholders, the Securities Times reported. The financial paper is run by the Communist Party’s flagship People’s Daily newspaper.
Evergrande...
Read more on fnlondon.comAbout this in other media
PBoC governor says digital yuan to be more privacy-enhanced than payment apps cointelegraph.com /2 years ago
Buy Now Pay Later: With no interest, charges, BNPL poised to become a favourable instrument financialexpress.com /2 years ago
China's property market could see more pain, even as Evergrande crisis seems to be abating cnbc.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
