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Well this time they already were inside a 30-day grace period which as of 3 hours ago they missed aswell, hence the default.
by nwidynski 5y ago
Well this time they already were inside a 30-day grace period which as of 3 hours ago they missed aswell, hence the default.
- riffraff 5y agoIt's unclear if they paid or not, even last time the creditors received the Money the day after the 30 days had passed. It seems they didn't but we won't know until tomorrow or so.
- raesene9 5y agoOne organization who states that they are a creditor has published a letter stating that they've not been paid https://twitter.com/dhthakur745/status/1458499174026997760?s=20 https://twitter.com/dhthakur745/status/1458499174026997760?s...
- riffraff 5y agoAFAIU that refers to "we've not Received money by the end of the day". But the clearinghouse managing the bonds said those have been paid later, just like last time. Notice the latter also says "they defaulted again", which is not true. https://news.yahoo.com/evergrande-makes-overdue-interest-payments-024059615.html https://news.yahoo.com/evergrande-makes-overdue-interest-pay...