{"id":122760,"date":"2021-10-22T12:35:27","date_gmt":"2021-10-22T05:35:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-dodges-a-default-after-paying-us83-5-million-offshore-bond-coupon-before-30-day-grace-period-runs-out\/"},"modified":"2021-10-22T14:11:24","modified_gmt":"2021-10-22T07:11:24","slug":"evergrande-dodges-a-default-after-paying-us83-5-million-offshore-bond-coupon-before-30-day-grace-period-runs-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-dodges-a-default-after-paying-us83-5-million-offshore-bond-coupon-before-30-day-grace-period-runs-out\/","title":{"rendered":"Evergrande dodges a default after paying US$83.5 million offshore bond coupon before 30-day grace period runs out"},"content":{"rendered":"


\nChina Evergrande Group paid the US$83.5 million interest payment on its offshore bond, just before a 30-day grace period runs out for declaring it in default, as the world\u2019s most indebted developer took action to assure a capital market on edge about the spectre of the nation\u2019s highly leveraged property sector.The Shenzhen-based developer wired the payment due on its 8.25 per cent, US$2.03 billion bond maturing in March 2022 to Citibank on Thursday, according to separate reports by the state\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande dodges a default after paying US.5 million offshore bond coupon before 30-day grace period runs out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group paid the US$83.5 million interest payment on its offshore bond, just before...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122760","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vW0","jetpack-related-posts":[{"id":122884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-staves-off-second-default-in-a-week-by-paying-us45-2-million-in-overdue-coupon-before-grace-period-runs-out\/","url_meta":{"origin":122760,"position":0},"title":"Evergrande staves off second default in a week by paying US$45.2 million in overdue coupon before grace period runs out","date":"October 29, 2021","format":false,"excerpt":"\r China Evergrande Group has staved off a potential default for the second time in a week, after paying an overdue offshore bond coupon before a 30-day grace period runs out.The Shenzhen-based developer paid US$45.2 million of coupon due on its 9.5 per cent, US$951 million bond that matures on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-pays-missed-dollar-bond-coupon-chinese-state-media\/","url_meta":{"origin":122760,"position":1},"title":"Evergrande pays missed dollar bond coupon: Chinese state media","date":"October 22, 2021","format":false,"excerpt":"\r Developer\u2019s repayment of offshore debt due last month comes days ahead of default deadline\r \r Source : ft.com\r Read more...Evergrande pays missed dollar bond coupon: Chinese state media","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-buys-six-months-of-breathing-room-as-bondholders-approved-its-plea-to-defer-payments-to-avert-defaulting-on-an-onshore-bond\/","url_meta":{"origin":122760,"position":2},"title":"Evergrande buys six months of breathing room as bondholders approved its plea to defer payments to avert defaulting on an onshore bond","date":"January 14, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s bondholders approved its plea to defer paying on a yuan-denominated bond, giving the world\u2019s most indebted property developer breathing room to pare its debt and avert its first default on anonshore financial instrument.Investors holding more than 72.3 per cent of the principal of a 4.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-bondholders-left-in-the-dark-as-crucial-deadline-approaches\/","url_meta":{"origin":122760,"position":3},"title":"Evergrande bondholders left in the dark as crucial deadline approaches","date":"September 24, 2021","format":false,"excerpt":"\r Indebted Chinese property developer faces imminent default on $84m offshore coupon payment\r \r Source : ft.com\r Read more...Evergrande bondholders left in the dark as crucial deadline approaches","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ubs-among-big-banks-to-have-cut-exposure-to-china-evergrande-as-outlook-worsens-for-debt-stricken-developer\/","url_meta":{"origin":122760,"position":4},"title":"HSBC, UBS among big banks to have cut exposure to China Evergrande as outlook worsens for debt-stricken developer","date":"September 24, 2021","format":false,"excerpt":"\r Big banks and fund managers have been heading for the exit and reducing their exposure to China Evergrande Group in recent weeks as the outlook has soured for the world\u2019s most indebted property developer.As a result, many financial companies sought to reassure investors and downplay their exposure as questions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-evergrande-trims-offshore-debt-and-rebuilds-investor-confidence-smes-and-banks-are-overlooked-in-payment-queue\/","url_meta":{"origin":122760,"position":5},"title":"As Evergrande trims offshore debt and rebuilds investor confidence, SMEs and banks are overlooked in payment queue","date":"July 29, 2021","format":false,"excerpt":"\r China Evergrande\u2019s creditors face uncertain times ahead. The world\u2019s most-indebted developer has to navigate through choppy waters, including political concerns, before it can steady itself after a huge beating in stock and bond markets over the past five months.Billionaire chairman Hui Ka-yan has taken efforts to reduce debt and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122760"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122760"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122760\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}