China Evergrande

Evergrande declared in default as huge restructuring looms - THE EDGE SINGAPORE

Debt and defaults

Evergrande declared in default as huge restructuring looms

China Evergrande Group has officially been labeled a defaulter for the first time.

Global Markets

Evergrande shares and bonds plunge on fears of liquidity crisis

The property giant’s stock tumbled to a four-year low on Tuesday, July 20. "Evergrande’s debt risk is quickly piling up."

Company in the news

China Evergrande gets US$4.6 bil lifeline from state-linked companies

Evergrande shares fell 2% in Hong Kong. Its 8.25% 2022 dollar bond increased 2.2 US cents on the dollar to 88.3 US cents.

Global Economy

Asia ex-Japan may see a less bountiful 2018 after record year of bond transactions: Debtwire

SINGAPORE (Jan 11): The Asian USD high-yield (HY) bond primary market in 4Q17 was boosted by the resurgence of offshore-issuance approvals from Chinese regulators and a continued appetite for new paper.
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