(ANSA) - BEIJING, NOV 11 - Evergrande leaps to the Hong Kong Stock Exchange, at Hk 2.59 (+ 10%), on news related to the payment of a total of 148.1 million dollars of three coupons of as many offshore bonds, avoiding yet another turn the default.
The second Chinese real estate developer, burdened with 305 billion dollars in debt, would have honored its commitments before yesterday's expiry of the 30-day grace period beyond which insolvency would be triggered, Bloomberg reported.
The interest due had not been paid in September, at its natural due date, triggering the grace period.
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