With no confirmation that Evergrande made interest payments in time, Fitch Ratings declared the Chinese developer in ‘restricted default’ on Thursday.
— Read on www.cnbc.com/2021/12/10/evergrande-slides-into-default-while-some-ratings-agencies-keep-quiet.html
Tag: Evergrande
China Evergrande Pays Overdue Interest, Avoids Default – Bloomberg
China Evergrande Group again averted a default in its biggest test since a liquidity crunch at the property developer began earlier this year, just as the nation’s efforts to limit fallout from the crisis gather steam.
— Read on www.bloomberg.com/news/articles/2021-11-10/evergrande-said-to-pay-delayed-interest-on-at-least-two-bonds
Evergrande faces biggest payment test yet as grace periods end – BNN Bloomberg
Evergrande faces biggest payment test yet as grace periods end – BNN Bloomberg
— Read on www.bnnbloomberg.ca/evergrande-faces-biggest-payment-test-yet-as-grace-periods-end-1.1679146
Selloff Spreads to Others With Coupon Unpaid: Evergrande Update
(Bloomberg) — Investor concerns over China Evergrande Group’s debt are shifting to the country’s stronger property companies as a selloff across the industry’s dollar bonds hits higher-quality borrowers.Most Read from BloombergWhere Did All the Public Bathrooms Go?What It Means to Design a Space for ‘Care’COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific Forces a Native Village to Move. Who Will Pay?‘Airbnb Queen’ Says She’s Caught Up in Platform’s New York FeudThe fea
— Read on ca.finance.yahoo.com/news/focus-stronger-firms-coupon-still-070224954.html