Country Garden Seeks to Add Grace Period for Maturing Yuan Bond

Country Garden Holdings Co. has proposed a grace period of 40 calendar days for a maturing yuan bond, marking the distressed Chinese developer’s latest effort to avoid what would be its maiden default. #press

https://www.bloomberg.com/news/articles/2023-08-29/country-garden-seeks-to-add-grace-period-for-maturing-yuan-bond?utm_source=press.coop

Reply to this note

Please Login to reply.

Discussion

No replies yet.