The Limited Times

Now you can see non-English news...

Evergrande announces agreement to repay loan interest

2021-09-22T02:46:51.273Z


The struggling Chinese real estate giant Evergrande announced Wednesday, September 22 that it had reached an agreement with bondholders ...


The struggling Chinese real estate giant Evergrande announced on Wednesday September 22 that it had reached an agreement with bondholders to avoid being in default of payment.

Read alsoReal estate: the fall of the Chinese giant Evergrande shakes the markets

In a statement to the Shenzhen Stock Exchange (southern China), the group, which is drowning in debt of some 260 billion euros, said that one of its subsidiaries, Hengda, had negotiated a repayment plan for 'an obligation. According to the Bloomberg financial agency, Evergrande would repay 232 million yuan (30.5 million euros) in debt due Thursday.

Source: lefigaro

All business articles on 2021-09-22

You may like

Life/Entertain 2024-02-28T02:13:18.403Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.