Chinese developers that missed or are set to miss offshore bond payments since Sept By Reuters
[ad_1]
© Reuters. FILE PHOTO: Cranes stand at a development website close to the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly TuneHONG KONG (Reuters) – Money-strapped China Evergrande Group missed its third spherical of bond coupon funds in three weeks, because the one-time top-selling property developer in China wrestles with greater than $300 billion in liabilities.
Beneath is an inventory of Chinese language builders which have missed, or are set to overlook, offshore bond funds since September, as contagion fears within the $5 trillion sector hit companies with weaker credit and low liquidity.
Issuer Coupon/ principal Quantity RIC
maturity date
Evergrande Sept. 23 $83.5 million [VG1580431
coupon 14=]
Evergrande Sept. 29 $47.5 million [VG1587867
coupon 53=]
Fantasia Oct. 4 $205.7 million [VG1498418
principal 22=]
Evergrande Oct. 11 Mixture of [VG1982036
$148 million 96=][VG198
coupon 203777=][V
G198204064
=]
Sinic Oct. 18 $246 million [VG2240047
principal 88=]
Fashionable Land Oct. 25 $250 million [KY1986632
(requesting to principal 71=]
postpone date to
Jan. 25)
Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm because of reliance on the data together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties doable.
[ad_2]
