China Evergrande Group is facing its biggest payment test since signs of a liquidity crisis emerged at the firm five months ago.
Investors are waiting to see if the embattled developer makes coupon payments totaling $148.1 million for three dollar bonds before the end of 30-day grace periods Wednesday. Evergrande missed the initial interest deadlines last month, Bloomberg-compiled data show.
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November 09, 2021 at 05:09PM
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Evergrande Faces Biggest Payment Test Yet as Grace Periods End - Bloomberg
"payment" - Google News
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