Advisers to foreign holders of Evergrande bonds say the embattled Chinese property developer isn’t sharing critical information
Advisers to China Evergrande Group ’s international bondholders have made little progress in their efforts to engage with theskipped interest payments
due on about $2.03 billion in U.S. dollar bonds on Sept. 23, and has a 30-day grace period before its bondholders can call a default. Evergrande also didn’t pay the coupon on another set of dollar bonds last week. The 25-year-old company is
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China Evergrande bondholders brace for Monday's coupon deadlineOffshore bondholders of beleaguered developer China Evergrande Group were on Monday bracing for news on more than $148 million in looming bond coupon payments after the company missed two coupon deadlines last month.
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Fundraising by China property trust products slump amid Evergrande woes - mediaFundraising by Chinese property trust products tumbled over 40% in September from a month earlier, official Shanghai Securities News reported on Monday, as China Evergrande Group's troubles further dampen investor appetite toward the struggling sector.
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Factbox: China Evergrande's upcoming bond coupon paymentsChina Evergrande Group , with $305 billion in liabilities, is facing its biggest test yet in public debt markets as the distressed developer scrambles for funds ahead of what could be one of China's largest restructurings.
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US, Taliban to hold first talks since Afghanistan withdrawalOfficials say senior Taliban members and U.S. representatives are to hold talks about containing extremist groups in Afghanistan and easing the evacuation of foreign citizens and Afghans from the country.
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Trump wanted to 'stay in power forever' like Putin, says his ex-national security adviserFiona Hill said Trump viewed Russia's president as 'the kind of epitome of the badass populist.'
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