China's Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default
Unexpected move allows property company to postpone default that would rock global economy
Source: infowars.com
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Evergrande avoids default with last-minute bond interest payment
A 30-day grace period for the bond coupon would have expired on Saturday
Source: gulfnews.com
Evergrande avoids default with last-minute bond interest payment
Speculation about a default has been swirling for months, stoking credit-market contagion among other cash-strapped developers.
Source: japantimes.co.jp