, givingmore time to work out what investors expect will be a lengthy and complicated restructuring.
Hengda Real Estate Group Co., the biggest unit of the giant conglomerate, said Wednesday it negotiated privately with holders of an onshore bond to settle a 232 million yuan coupon payment that is due Thursday. The five-year bond has a 4 billion yuan principal value, and matures in September 2025.
All those buildings and all those floors of people, but only ONE basketball court? Must take forever to get playtime after calling, 'WE GOT WINNERS.'
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China won't let Evergrande fail, which should lead to a market rebound, Ed Yardeni saysThe likelihood that the Chinese government won't let Evergrande fail should help calm investors' nerves, Ed Yardeni of Yardeni Research said. Pro But them propping up Evergrande will lead to failure eventually anyway. This is how we got here. Pro Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
Source: CNBC - 🏆 12. / 72 Read more »
Stocks drop the most since May on worries over China, FedStocks on Wall Street closed sharply lower Monday, mirroring losses overseas and handing the S&P 500 index its biggest drop in four months. Worries about heavily indebted Chinese real estate developers — and the damage they could do to investors worldwide if they default — rippled across markets. Yup fake market crash But Biden said he was building back better this is good new project minting will be .08 but free if you own one. NFT CryptoDiamonds
Source: AP - 🏆 728. / 51 Read more »