Evergrande misses another offshore bond repayment deadline

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9/29/2021- 12:30 p.m.

Evergrande misses ANOTHER offshore bond repayment deadline

Evergrande MISSED $47.5mn-worth of overseas bond interest repayments on Wednesday, as Reuters reported some sources claiming to have heard nothing about the payments due from the beleaguered Chinese giant.

This is their second dollar debt obligation missed this month, after they failed to meet an earlier deadline for $83.5mn last week.

It remains unclear what plans Evergrande has for managing the missed deadlines.

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