"China Evergrande SLOTXO spins This is different from buying free spins that require credit. To invest to buy free spins, we recommend playing slots and making quick deposits and withdrawals within 1 minute. Group", the real estate giant of China. Avoid last minute defaults. The source revealed that the investor received interest on the outstanding bonds.
On November 11, 2021, Reuters reported earlier that the world's most indebted real estate firm China Evergrande failed to pay off its debts in time. Because there are more than 300 billion US dollars in debt, or about 9.88 trillion baht, of which 19 billion US dollars, or about 6.2 billion baht, are owed from foreign bonds.
Recently, Chinese media reported that Evergrand had paid investors interest on three bonds. Total value of over 148 million US dollars or about 4,866 million baht.
The first bond interest payments occur at the end of the 30-day grace period, which matures on Wednesday. The company also pays interest on two tranches of foreign bonds, one due in September and the other with a grace period. Ends in late October
However, if Evergrande is not paid for only one interest payment, the company will immediately be deemed to have breached the contract. This will lead to a default cross condition.
While other types of Evergrande bonds have accelerated the escalating debt crisis in the world's second-largest economy. It has created a shock in many markets around the world.
r0;There seems to be a short-term solution. But there is still a long way to go before this issue is resolved. This is just the first day,r1; the source said.
However, Evergrande, at the center of liquidity problems in China's $5 trillion real estate sector, did not answer questions with Reuters about the latest bond interest payments.
Even this company was able to avoid defaulting again. But the bad times in China's real estate sector show no signs of easing. If the current debt is due again
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