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Friday, October 22, 2021

Evergrande Bondholders Await Update on Key Interest Payment

Global investors who own China Evergrande’s U.S. dollar bonds were in the dark about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default.Global investors who own China Evergrande’s U.S. dollar bonds were in the dark about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default.

Source : WSJ.com: US Business Read More

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