Free Trial

Country Garden Bondholders Still Not Received US$ Coupon Payment, Default Looms

CHINA

BBG headlines flag that Country Garden US$ bondholders are yet to receive their delayed coupon payments. A quick reminder that the company’s entire offshore debt pile will be deemed to be in default if it fails to make $15mn in coupon payments today. Today represents the end of a 30-day grace period.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.