Property News · May 14, 2022

Sunac pays local bondholders after defaulting on dollar notes, showing that cash goes first to domestic creditors


The payment comes a day after Sunac China defaulted on dollar debt, highlighting the growing divergence of the treatment of global investors versus their domestic peers as stress ripples through the real estate sector.

Source : South China Morning Post
Read more…Sunac pays local bondholders after defaulting on dollar notes, showing that cash goes first to domestic creditors