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China Evergrande’s upcoming bond coupon payments By Reuters

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© Reuters. FILE PHOTO – The sign for the China Evergrande Centre is visible in Hong Kong (China), September 23, 2021. REUTERS/Tyrone Siu

SHANGHAI (Reuters). China Evergrande Group is currently facing the biggest challenge in its history in the public debt market. This distressed developer has to find funds in order to fund what could prove to be China’s most significant restructuring.

On Monday, bond coupon payments in excess of $148 million will be due. This is after the company failed to make its $47.5million bond interest payment for its 9.5% March 2020 dollar bond. The company also missed 83.5 million coupon payments in the week before.

The developer doesn’t have any onshore or offshore bonds due this year. However, the company must make coupon payments of $500 million for offshore bonds.

Below is a listing of Evergrande’s future coupon payments for its offshore and onshore bonds.

Maturity Cy Outstanding Next Next RIC

amount coupon coupon

Datum amount

Apr. Apr.

2022 2021 Mln

Apr. Apr.

2023 2021

Apr. 11. USD $700 per mln Oct.

2024 2021 Mln

CNY2.1. bln Oct. 19 (121.8)

2025 yuan 2021, mln. yuan

Jan. 30, USD300 mln Oct. 30 $14.25

2022 2021 Mln

Nov. 6, USD $645 mln Nov. 6, $41.93

2022 2021 Mln

Nov. 6, USD $590 mln Nov. 6, $40.56

2023 2021

Jun. 28 USD $1.34 Bln Dec. 28. 50.43

2023 2021

Jun. 28 USD $4.68 per bol Dec. 28, 204.77

2025 2021

($1 = 6.4369)

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