Country Garden says founder, board chairperson at work, haven't left China
© Reuters. FILE PHOTO: Country Garden Holdings' Yeung Kwok Keung at a news conference in Hong Kong, China March 20, 2018. REUTERS/Bobby Yip/File PhotoBEIJING - Country Garden's founder and chairperson of the board are at work as usual, the debt-laden Chinese property developer said on social media on Thursday, denying online reports of the pair leaving the country.
Country Garden on Wednesday was due to pay a $15 million coupon payment on a bond due September 2025, but two bondholders told Reuters they were yet to receive it. Non-payment would put the developer at risk of default.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China's Country Garden offshore debt default loomsCountry Garden Holdings (2007.HK), China's biggest private property developer, is hours away from defaulting on its $11 billion in overseas debt, yet to make a coupon payment due on Wednesday to its bond investors.
Leer más »
Default deadline looms for China's property giant Country GardenCountry Garden Holdings, China's largest private property developer, is hours away from defaulting on its $11 billion in offshore debt, yet to make a
Leer más »
Grace period for China's Country Garden coupon payment expiresGrace period for China's Country Garden coupon payment expires
Leer más »
China Stabilizes, in the Shadow of Country Garden and EvergrandeA record number of Chinese college students graduated this summer, but landing their dream job may be a long shot. WSJ takes a look at why China’s youth unemployment is at all-time highs. Photo illustration: Adam Adada
Leer más »
Country Garden draws closer to debt deadline, as default risk loomsAll of Chinese property giant Country Garden's offshore debt could be in default if it fails to make $15 million coupon payment on Tuesday.
Leer más »
Country Garden draws closer to debt deadline, as default risk loomsAll of Chinese property giant Country Garden’s offshore debt could be in default if it fails to make $15 million coupon payment on Tuesday.
Leer más »