$CHINA EVERGRANDE GROUP (EGRNF.US)$ was due to pay $83 mill...
$CHINA EVERGRANDE GROUP(EGRNF.US$ was due to pay $83 million of interest on Thursday for a dollar-denominated bond that’s set to mature in March 2022. Dollar bonds are typically held by foreign investors. Even if no payment is made on Thursday, the company will not technically default unless it fails to make that payment within 30 days. The troubles of Evergrande, the world’s most indebted developer with liabilities of $300 billion, have escalated in recent weeks and roiled global markets.
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