Evergrande assures that it will pay interest on the bonds listed in Shenzhen tomorrow
The real estate subsidiary of the Chinese group Evergrande announced today that it will pay interest on a set of bonds listed on the Shenzhen Stock Exchange maturing in 2025 this Thursday.
The announcement of the group’s main subsidiary comes at a time when Evergrande is in serious financial trouble due to liquidity problems and large debts it will face in the coming months, which has caused great uncertainty in global markets.
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