Property News · October 8, 2021

Evergrande has not engaged with offshore bondholders since payments miss, holders’ advisers say


A group of China Evergrande Group’s offshore bondholders said the property developer had not engaged with them since missing interest payments on two dollar-denominated bonds in September, and that they were concerned about potential asset flows to other creditors.The first public comments from offshore bondholders about the missed payments came as property agency Centaline Group separately filed two lawsuits, claiming it was owed more than HK$100 million (US$12.8 million) in unpaid commissions…

Source : South China Morning Post
Read more…Evergrande has not engaged with offshore bondholders since payments miss, holders’ advisers say

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