Logo 27 Sep 2021

Evergrande misses coupon payment

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Already a subscriber? Log in.

Well, it’s official.
On Friday, China Evergrande Group failed to pay the coupon on an offshore dollar-denominated bond.

Evergrande quietly let the deadline pass, leaving investors scratching their heads as to what comes next.

Some context: Evergrande was supposed to pay dollar bond holders USD 83....