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

todaySeptember 5, 2023 2

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Country Garden dodges default by making last minute debt payments, 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.

​ 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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