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Evergrande, every effort to resume work and production

2021-09-23T13:30:51.222Z


It will be a "top priority" for Evergrande to help retail investors redeem the investment products sold by the $ 305 billion debt-ridden real estate developer. (HANDLE)


(ANSA) - BEIJING, SEPTEMBER 23 - For Evergrande it will be an "absolute priority" to help retail investors redeem the investment products sold by the $ 305 billion debt burdened real estate developer.

In a statement, the president and founder Hui Ka Yan assured that "the company will do its best to resume work and production", urging "managers to ensure quality deliveries".

Yesterday, the company said it had "resolved" the payment of a $ 35.9 million coupon on a domestic bond maturing today.


   Evergrande still owes interest on 83.5 million of another dollar bond today.

(HANDLE).


Source: ansa

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