{"id":122884,"date":"2021-10-29T10:41:08","date_gmt":"2021-10-29T03:41:08","guid":{"rendered":"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\/"},"modified":"2021-10-29T12:07:03","modified_gmt":"2021-10-29T05:07:03","slug":"evergrande-staves-off-second-default-in-a-week-by-paying-us45-2-million-in-overdue-coupon-before-grace-period-runs-out","status":"publish","type":"post","link":"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\/","title":{"rendered":"Evergrande staves off second default in a week by paying US$45.2 million in overdue coupon before grace period runs out"},"content":{"rendered":"


\nChina 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 March 29, 2024, according to people familiar with the matter. Evergrande missed the payment on September 29, and was given 30 days to comply before bondholders are entitled to declare it in default, a move\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande staves off second default in a week by paying US.2 million in overdue coupon before grace period runs out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group has staved off a potential default for the second time in a...<\/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-122884","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-vY0","jetpack-related-posts":[{"id":122760,"url":"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\/","url_meta":{"origin":122884,"position":0},"title":"Evergrande dodges a default after paying US$83.5 million offshore bond coupon before 30-day grace period runs out","date":"October 22, 2021","format":false,"excerpt":"\r China 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-respite-for-evergrande-as-it-faces-us366-million-in-interest-payments-before-year-end\/","url_meta":{"origin":122884,"position":1},"title":"No respite for Evergrande as it faces US$366 million in interest payments before year-end","date":"November 11, 2021","format":false,"excerpt":"\r China Evergrande Group is facing another US$366 million in interest payments on its onshore and offshore debt \u2013 some already overdue \u2013 by the end of this year, after narrowly staving off default once again with a series of last-minute coupon payments on Wednesday.It is just a small portion\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":122884,"position":2},"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":122884,"position":3},"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":122535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-fears-drive-asia-junk-bond-yields-to-decade-highs\/","url_meta":{"origin":122884,"position":4},"title":"Evergrande default fears drive Asia junk bond yields to decade highs","date":"October 12, 2021","format":false,"excerpt":"\r Property sector crisis mounts as deadline passes for Chinese developer\u2019s $148m coupon payments\r \r Source : ft.com\r Read more...Evergrande default fears drive Asia junk bond yields to decade highs","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":122884,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122884"}],"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=122884"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}