‘Living dead’ Evergrande not out of woods despite rushed payment, say analysts

October 22, 2021 1:30 PM

HONG KONG (BLOOMBERG) – China Evergrande Group’s payment of interest on a US dollar bond is positive news for debt holders, but uncertainties remain on whether the distressed developer can secure cash for looming repayments, according to analysts.

Source : http://www.straitstimes.com/business/property/living-dead-evergrande-not-out-of-woods-despite-rushed-payment-say-analysts