China Evergrande meets onshore bondholders over delayed coupon payment

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HONG KONG: China Evergrande Group\u0027s flagship unit Hengda Real Estate Group said it will meet onshore bondholders on Friday and Saturday to delay a coupon payment due last September to September of this year. The property developer said last September it had settled the coupon payment of the 4 billion

HONG KONG: China Evergrande Group's flagship unit Hengda Real Estate Group said it will meet onshore bondholders on Friday and Saturday to delay a coupon payment due last September to September of this year.

In a filing dated Thursday, Hengda said it would hold meeting with creditors of the 2025 bond on Mar 18-19 to approve the payment of interests incurred between Sep 2020 and Sept 2021 to be made on Sept 2023.

 

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