Financial News

China Evergrande plans to repay US$1.5 billion bond due June 28 this week – source

HONG KONG: China’s most indebted property developer Evergrande Group plans to repay its US$1.47 billion offshore bond maturing next Monday this week, ahead of schedule, a source close to Evergrande said. In recent weeks some of the bonds of Evergrande and its subsidiaries have sold off on …

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