{"id":123166,"date":"2021-11-11T12:43:15","date_gmt":"2021-11-11T05:43:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-respite-for-evergrande-as-it-faces-us366-million-in-interest-payments-before-year-end\/"},"modified":"2021-11-11T14:21:25","modified_gmt":"2021-11-11T07:21:25","slug":"no-respite-for-evergrande-as-it-faces-us366-million-in-interest-payments-before-year-end","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-respite-for-evergrande-as-it-faces-us366-million-in-interest-payments-before-year-end\/","title":{"rendered":"No respite for Evergrande as it faces US$366 million in interest payments before year-end"},"content":{"rendered":"


\nChina 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 of the cascading amount of debt payments set to come due in the coming months for the world\u2019s most indebted property developer.The Shenzhen-based company has 1.97 trillion yuan (US$308 billion) in total\u2026
\n
\nSource : South China Morning Post
\nRead more…No respite for Evergrande as it faces US6 million in interest payments before year-end<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group is facing another US$366 million in interest payments on its onshore and...<\/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-123166","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-w2y","jetpack-related-posts":[{"id":123292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/","url_meta":{"origin":123166,"position":0},"title":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt","date":"November 18, 2021","format":false,"excerpt":"\r China Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further HK$2.13 billion (US$273 million) as the embattled developer faces deadlines to pay overdue interest on its debt next week.Evergrande sold 1.66 billion shares of HengTen to Allied Resources Investment Holdings at HK$1.28 a share,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-gets-six-months-relief-as-creditors-agree-to-defer-interest-payments-on-two-onshore-bonds\/","url_meta":{"origin":123166,"position":1},"title":"China Evergrande gets six months\u2019 relief as creditors agree to defer interest payments on two onshore bonds","date":"May 5, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s creditors have approved its plea to defer paying on two yuan-denominated bonds totalling 20 billion yuan (US$3 billion) to early November.\r \r Source : South China Morning Post\r Read more...China Evergrande gets six months\u2019 relief as creditors agree to defer interest payments on two onshore bonds","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-fire-sale-continues-as-founder-hui-ka-yan-disposes-of-corporate-and-personal-assets-to-avert-defaulting-on-debt\/","url_meta":{"origin":123166,"position":2},"title":"Evergrande\u2019s fire sale continues as founder Hui Ka-yan disposes of corporate and personal assets to avert defaulting on debt","date":"November 17, 2021","format":false,"excerpt":"\r Hui Ka-yan, founder and chairman of China Evergrande Group, has stepped up the disposal of his corporate and personal assets to help the world\u2019s most indebted developer stave off defaults as the company faces US$366 million of interest payments this year.That included the Dutch electric motor maker e-Traction, sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-discussing-staggered-payments-debt-to-equity-swaps-for-us19-billion-offshore-bonds-sources-say\/","url_meta":{"origin":123166,"position":3},"title":"Evergrande discussing staggered payments, debt-to-equity swaps for US$19 billion offshore bonds, sources say","date":"May 27, 2022","format":false,"excerpt":"\r Evergrande is reeling under more than US$300 billion in liabilities and has become the poster child of the country\u2019s property sector crisis as it lurched from one missed payment deadline to another last year.\r \r Source : South China Morning Post\r Read more...Evergrande discussing staggered payments, debt-to-equity swaps for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-has-not-engaged-with-offshore-bondholders-since-payments-miss-holders-advisers-say\/","url_meta":{"origin":123166,"position":4},"title":"Evergrande has not engaged with offshore bondholders since payments miss, holders\u2019 advisers say","date":"October 8, 2021","format":false,"excerpt":"\r A group of China Evergrande Group\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubles-mount-at-evergrande-as-pipe-supplier-threatens-legal-action-over-delayed-payments\/","url_meta":{"origin":123166,"position":5},"title":"Troubles mount at Evergrande as pipe supplier threatens legal action over delayed payments","date":"August 25, 2021","format":false,"excerpt":"\r Debt-laden developer China Evergrande Group has failed to pay some overdue bills, piping supplier Yonggao said, in the latest sign of a cash crunch at the teetering home builder.Financial markets are worried that the size of Evergrande\u2019s debts present a systemic risk were it to fail and the firm\u2019s\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\/123166"}],"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=123166"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}