Forex Top Team

Evergrande of China, interest payment due on 23 days has not been done yet

China’s real estate developer, China Evergrande Group, will have to pay $ 83.5 million on the 23rd, but near the evening of the same day eastern US time (24th morning Japan time) At that time, it turned out that no payment was made to the bondholders. Several people familiar with the matter have revealed.

China Evergrande can delay payments, and there is a 30-day grace period before bondholders file a default (default). Failure to pay could result in the largest ever dollar-denominated bond default by Asian companies.


It has calmed down temporarily, but it is likely that there will be two or three changes in the future.

I still want to be careful about position management.

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