Evergrande set to miss second offshore bond coupon payment this month, sources say | Reuters
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.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/4WXZN4HBV5OFXLGPXPG7THE2R4.jpg)
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.