Only the end of the interest payment width limit of the US dollar bonds is only over the end of the end of the end of the end of the width limit period of the US dollar bonds.A few hours ago, Country Garden, one of global liabilities, has been reported to have completed the payment of two US dollar bond interest.
Comprehensive Reuters and Bloomberg reported that people familiar with the matter said that the total liabilities were about 187 billion US dollars (below, about S $ 253.8 billion) in Chinese real estate developersCreditors, the company has paid two dollars of bills of dollar bonds within a wide limit period to avoid the first default.
Country Garden failed to pay a total of 22.5 million US dollars of bond interest before the initial validity date of August 7, so it must be completed within the long limit period from September 5th to 6th.Payment, otherwise the creditor will declare a breach of contract.Given the real estate project of Country Garden is four times that of the China Evergrande Group, the consequences of breach of contract may be more serious than the Evergrande crisis in 2021.
It is reported that Country Garden, who is at the helm of Yang Huiyan, one of the richest women in China, has received some help at this critical moment.In recent weeks, Country Garden's stock, which has become a fairy stock, has soared by 14.6%on Monday (September 4), the highest single -day increase in six weeks; China's implementation of the "house recognition and not recognizing loan" policy has led the developer's stock price to a comprehensive rebound.
Country Garden has also obtained an important breathing space on a domestic debt in recent days, and the bond tickets that have paid a Malaysian Daggit price.
