Shares of the firm advanced as much as 7.8% in Hong Kong after the developer wired $83.5 million in a bond coupon payment ahead of this weekend’s deadline.
China s Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Investors who have watched China s property sector crisis play out in recent months have just been denied their Evergrande grand finale as the world s most indebted developer dodged a $19 billion. | October 22, 2021
Investors who have watched China's property sector crisis play out in recent months have just been denied their Evergrande grand finale as the world's most indebted developer dodged a $19 billion default, but they might not have too long to wait.