[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.