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Evergrande real estate firm makes missed September bond payment, avoids default

Posted on March 21, 2022March 22, 2022 by

Saturday, October 23, 2021 China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times. The wire to a Citibank fiduciary account following a 30-day grace period came Continue Reading

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