3 ms·
Edit: that link seems to justify the title but it doesn’t fit the main article. Seriously misleading title though. A default is a well-defined event. “Defaults
by asplake 5y ago
Edit: that link seems to justify the title but it doesn’t fit the main article.
Seriously misleading title though. A default is a well-defined event. “Defaults” implies that it has happened. “Teetering” is something else. Needs fixing.
- ad8e 5y ago> Exactly what time the grace period expires on Wednesday is unclear, but the two sources with knowledge of the matter said some bondholders had not been paid by the end of the Asian business day. It's ambiguous, but the title is a fair conclusion.
- AlexCoventry 5y agoWednesday finished about three hours ago, in China, FWIW.
- deleted 5y ago[deleted]
- nwidynski 5y ago"Evergrande officially defaulted - DMSA is preparing bankruptcy proceedings against Evergrande Group", see: http://dmsa-agentur.de/download/20211110_DMSA_EVG_PM_en.pdf http://dmsa-agentur.de/download/20211110_DMSA_EVG_PM_en.pdf . Will fix the title though if more people view it as misleading.
- aplummer 5y agoIt did default though, the title of the Reuters article is playing it too safe. The contents of the first paragraph describe the default.