Evergrande After Big Post-Default Faces Year’s Last Payment Deadline
China Evergrande Group will face an initial interest payment deadline for two US dollar bonds on Tuesday.
China Evergrande Group will face an initial interest payment deadline for two US dollar bonds on Tuesday.
28 ธ.ค. 2564

The debt-ridden firm has $50.4 million worth coupon due on a 7.5% 2023 bond and another $204.8 million tied to a 8.75% 2025 note, according to Bloomberg.
Evergrande has a 30-day grace period to meet payments before being declared as defaulter.
The debt obligation comes after top notch rating agencies rated the company defaulter following a series of payment failure on dollar notes.
Evergrande last week said a newly formed risk-management committee is working on reduce the risk of default.