(CNBC) Evergrande has remitted the funds for a key interest payment that was due Sept. 23 — ahead of a 30-day grace period that ends Saturday, according to Chinese state media Securities Times. That will allow the indebted Chinese property developer stave off a widely-expected default.
China Evergrande set to avert default as property developer reportedly pays off bond interest
This entry was posted in Syndicated. Bookmark the permalink.
