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Reuters

Evergrande seeks six-month delay on debt payments

Reuters · 3 years ago
Reuters
Reuters
3 years ago

China Evergrande Group will seek a six-month delay in the redemption and coupon payments of a 4.5 billion yuan ($157 million) bond in a meeting with bond holders this weekend, underscoring the pressure on the debt-laden property developer. Francis Maguire reports.

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