Investors get nervous as Evergrande misses another bond payment despite $1.5bn debt deal
At least some of China Evergrande’s offshore bondholders had not received a due coupon payment by the close of Asia business yesterday, sources said, although the cash-strapped developer reached a $1.5bn deal to settle debt with a Chinese bank. Watch the full report.
[brid video=”872474″ player=”24372″ title=”Evergrande%20misses%20another%20bond%20payment” duration=”61″ description=”At least some of China Evergrande’s offshore bondholders had not received a due coupon payment by the close of Asia business on Wednesday, sources said, although the cash-strapped developer reached a $1.5 billion deal to settle debt with a Chinese bank. Emer McCarthy reports.” uploaddate=”2021-09-29″ thumbnailurl=”//cdn.brid.tv/live/partners/18445/thumb/872474_t_1632931578.png” contentUrl=”//cdn.brid.tv/live/partners/18445/sd/872474.mp4″]