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Evergrande Misses Coupon Payments

Evergrande Misses Coupon Payments

China Evergrande missed the 30-day grace period deadline to pay coupons worth $41.9mn and $40.6mn on its 13% 2022s and 13.75% 2023s respectively. Media agencies state some bondholders said that they did not receive the coupons on the bonds. Rating agency S&P's...

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