Chinese developer Zhenro misses $27.8 million of bond interest payments

April 11, 2022 7:49 AM

HONG KONG (BLOOMBERG) – Zhenro Properties Group said it was unable to pay interest on two US dollar bonds before a grace period ended Saturday (April 9) and warned it might not be able to meet three other coupons because of its liquidity woes.

Source : https://www.straitstimes.com/business/property/chinese-developer-zhenro-misses-278-million-of-bond-interest-payments