Debt-laden Chinese realtor Evergrande to repay offshore bonds after arranging $1.75b

Debt-laden Chinese realtor Evergrande to repay offshore bonds after arranging $1.75b

Reuters

China‘s most indebted property developer said it had arranged its own funds of HK$13.6 billion ($1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds, sending its shares sharply higher.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter