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China Evergrande Keeps Dollar Bondholders Guessing on Key Interest Payment – The Wall Street Journal

Company was on the hook to make $83.5 million in coupon payments on Sept. 23 on dollar bonds with a face value of $2.03 billion…

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Global investors who own China Evergrande Group s U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted developers ability to avoid a default.
Evergrande was…

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