Evergrande misses 3rd round of bond coupon payments, raising contagion fears

2021-10-12

October 12, 2021 3:27 PM

HONG KONG (REUTERS) – China Evergrande Group on Tuesday (Oct 12) 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.

Source : http://www.straitstimes.com/business/property/evergrande-misses-3rd-round-of-bond-coupon-payments-raising-contagion-fears

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Evergrande misses 3rd round of bond coupon payments, raising contagion fears

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