The Evergrande Group has reportedly made an overdue US$83.5 million interest payment to its overseas bondholders, a move that will allow the heavily indebted Chinese property developer to avoid default before a 30-day grace period expires on Saturday. Evergrande wired the funds on Thursday to a Citibank account of its client, who will then pay […]
Tag: JPMorgan Chase
Posted inChina, World
