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China Evergrande cannot pay offshore bonds by the end of the grace period = Related sources | Reuters

On December 7, some offshore bond holders of the Chinese real estate giant Evergrande Group, which is in financial difficulty, have not received interest payments by midnight on the 6th of New York time, when the 30-day grace period expires. Do you get it. Photo taken in Shenzhen in September (2021 Reuters / Aly Song)

[Hong Kong 7th Reuters]–Some offshore bond holders of China’s Evergrande Group, a major Chinese real estate company in financial difficulty, have not received interest payments by midnight on the 6th of New York time, when the 30-day grace period expires. It turned out. Two sources familiar with the situation revealed.

Interest payments were originally due last month. Failure to pay this $ 82.5 million would be the first offshore bond default for Evergrande.

No comments have been received from the Evergrande Group of China so far.

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