Friday, October 22, 2021

Teetering Chinese property giant Evergrande makes $83M payment to avoid default — for now

Evergrande logo

China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to deal with a debt crisis looming over the world's second-biggest economy.



source https://www.cbc.ca/news/business/evergrande-debt-china-1.6220897?cmp=rss

No comments:

Post a Comment