He should have repaid a maturity of $ 82.5 million in November, postponed to Tuesday. The Chinese real estate giant Evergrande, strangled by an abysmal debt and whose health worries the financial markets, has “ defaulted ” on a payment, the rating agency Fitch announced Thursday. Read also The Chinese state ready to take over the over-indebted Evergrande group On November 6, the group should have paid a reimbursement of 82.5 million dollars (73.1 million euros). He had an additio
The Chinese real estate giant Evergrande, strangled by an abysmal debt and whose health worries the financial markets, has “
defaulted
” on a payment, the rating agency Fitch announced Thursday.
Read also The Chinese state ready to take over the over-indebted Evergrande group
On November 6, the group should have paid a reimbursement of 82.5 million dollars (73.1 million euros).
He had an additional month's grace period, which ended on Tuesday.