Evergrande news

Looming Evergrande bond coupon funds intensify contagion fears

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Looming Evergrande bond coupon funds intensify contagion fears

[ad_1] HONG KONG: As China Evergrande Group seems to be set to overlook its third spherical of bond funds in three weeks, markets stay on edge over contagion fears involving different property builders as a wall of debt cost obligations come due within the near-term. A complete of $38.8 billion offshore bonds issued by 40 … Read more

Evergrande seeks to reassure retail buyers as key debt deadline looms

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Evergrande seeks to reassure retail buyers as key debt deadline looms

[ad_1] HONG KONG/SINGAPORE: China Evergrande Group will make it a prime precedence to assist retail buyers redeem their funding merchandise bought by the indebted property large, its chairman mentioned, as uncertainty looms over curiosity cost due for a greenback bond on Thursday. Hui Ka Yan’s assertion got here after the developer mentioned on Wednesday it … Read more