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17-12-2021, 11:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
The poster child of China's property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.
"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.
https://shrtco.de/CNpeIw
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/s-p-dumps-chinese-property-giant-evergrande-into-default.313751/).
The poster child of China's property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.
"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.
https://shrtco.de/CNpeIw
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/s-p-dumps-chinese-property-giant-evergrande-into-default.313751/).