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DEFAULT BY CHINA EVERGRANDE
China Evergrande shares climb after winning bond payment delayStruggling with $300 billion in liabilities, including $19 billion in international bonds deemed to be in cross-default after missing a pay...14 Jan, 2022, 01.51 PM IST- Evergrande labelled defaulter by S&P over failed coupon paymentsS&P Global cut Evergrande to "selective default" over its failure to make coupon payments by the end of a grace period earlier this month, ...18 Dec, 2021, 08.40 AM IST
- China Evergrande defaults on its debt. Now what?Fitch Ratings had placed the Chinese property developer in its “restricted default” category. But instead of resolving questions about the ...09 Dec, 2021, 11.08 PM IST
- China's Evergrande defaults: What happens next?A slowdown in the Chinese real estate sector, which accounts for a significant proportion of the country's economic output, could have ripp...09 Dec, 2021, 05.40 PM IST
- The rise and demise of Chinese property giant EvergrandeAfter going public in 2009, Evergrande takes control of Chinese Super League club Guangzhou, renaming it Guangzhou Evergrande, and spends b...09 Dec, 2021, 04.23 PM IST
- Evergrande debt deadline passes with no sign of payment: SourcesOnce China's top property developer, with over 1,300 real estate projects and $300 billion of liabilities, Evergrande has been the poster c...07 Dec, 2021, 02.48 PM IST
- Another Chinese property developer defaults, shares dropModern Land (China) Co Ltd said in a filing that it had not repaid principal and interest on its 12.85% senior notes that matured on Monday...26 Oct, 2021, 11.13 AM IST
- Too little, too late? Evergrande's tortuous restructuring, asset sales in focus after default avertedWith more than $300 billion in liabilities, Evergrande, once China's top-selling property developer, faces deep scepticism on whether it ca...22 Oct, 2021, 04.05 PM IST
- Explained: How China Evergrande's debt troubles pose a systemic riskEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...22 Oct, 2021, 12.31 PM IST
- China Evergrande makes payment before deadline, official media saysEvergrande sent an $83.5 million interest payment to bondholders, China’s Securities Times reported without providing details. The outlet i...22 Oct, 2021, 09.51 AM IST
- Alarmed by Evergrande, China's lenders hold back on new credit for property developers"The market is worried that real estate companies have a high concentration of cashflow problems, which would trigger large-scale bad debt ...24 Sep, 2021, 03.07 PM IST
- Fears grow for China Evergrande after interest deadline missedA deadline for paying $83.5 million in bond interest passed without remark from Evergrande and bondholders had not been paid nor heard from...24 Sep, 2021, 01.17 PM IST
- Fears grow for China Evergrande after interest deadline missedA deadline for paying $83.5 million in bond interest passed without remark from Evergrande and bondholders had not been paid nor heard from...24 Sep, 2021, 12.04 PM IST
- Chinese banks try to calm fears about developer's debtsEvergrande's struggle to meet government-imposed debt limits has prompted fears a default might disrupt the Chinese economy or global finan...24 Sep, 2021, 11.32 AM IST
- China Evergrande fears consume investors awaiting tradingA major test comes this week, with Evergrande due to pay $83.5 million in interest relating to its March 2022 bond on Thursday. It has anot...21 Sep, 2021, 08.58 AM IST
- China's Evergrande starts repaying investors with discounted propertiesInvestors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, Evergrande’s wealth div...19 Sep, 2021, 10.02 AM IST
- China’s nightmare Evergrande scenario is an uncontrolled crashEvergrande’s main banks were told by China’s housing ministry this week that the developer won’t be able to make interest payments due Sept...17 Sep, 2021, 03.28 PM IST
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