Creditor prepares bankruptcy proceedings against Evergrande

China Evergrande Group today again defaulted on interest payments to international investors.

DMSA, the German Market Screening Agency, itself is invested in these bonds and has not received any interest payments until today’s end of the grace period. Now DMSA is preparing bankruptcy proceedings against Evergrande and calls on all bond investors to join it.

China Evergrande Group, the second-largest real estate developer in China, defaulted on interest payments on two bonds back in September ... Read even more

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