Global investors who own China Evergrande Group ’s U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default.
Evergrande was on the hook to make $83.5 million in coupon payments on Sept. 23 on dollar bonds with a face value of $2.03 billion. As of late afternoon in New York on Thursday, bondholders hadn’t received the money, according to people familiar with the matter.
OOH, WSJ, so nice in USA now. Everything bad in China? It seems China just own an Evergrande? Chattering over and over.
I am sure by the end of day CCP, partners investors of Evergrande will pull through to stop the avalanche.
More proof American j$ws of Wall st sell out u.s.and empower China cheating u.a.out of much needed homes. The California teachers union invested. $600 million into China housing forsaking America s need 4 homes
Non-Chinese investors aren’t getting a dime. That’s the only thing I’m certain about in this whole mess. At least we’re not being offered a deed to a parking space in a city we don’t live in. I seriously feel for all those ppl that lost everything.
btw, why sending pictures of not finished buildings? confused.
we are one of 80,000 global investors in the US eb5 regional center program. and we are in the dark as well about whether the eb5 bill would be reauthorized and have US gov keep its promise that we had already created 10 jobs for us per person.
good luck
stalling for time..... the fire's smouldering
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China Evergrande nears interest payment deadlineChina Evergrande Group will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant, its chairman said, as uncertainty looms over interest payment due for a dollar bond on Thursday.
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China asks local officials to prepare for 'possible storm' if Evergrande fails, WSJ saysChinese authorities are preparing for the potential downfall of Evergrande, the Wall Street Journal reported Thursday. China will give them a loan for the loans……. LONDON, Sept 23 (Reuters) – Bank of England Deputy Governor Sam Woods said on Thursday that Britain's banks have no major exposures to Evergrande and he does not expect the troubled Chinese property group to 'go badly wrong'.
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China Evergrande Loses Support of Hong Kong Tycoon Amid Debt CrisisChinese Estates, which is controlled by Hong Kong billionaire Joseph Lau and his wife, Chan Hoi-wan, said it had recently pared its stake in Evergrande and it was seeking shareholder approval to potentially sell the remainder. this is terrible news Biden looting public treasury trillion dollars
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