Evergrande misses third round of bond coupon payments
BEIJING: China Evergrande Group has missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment obligations come due in the near-term, Reuters reported. Some bondholders said they did not receive coupon payments totalling $148 million on Evergrande’s April 2022, April 2023 and April 2024 notes … Read more