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Country Garden dodges default by making last minute debt payments, state media reports

todaySeptember 5, 2023 3

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Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.

​ Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports. Read More Breaking News, Latest News and Videos | CNN 

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