HomeGeneralChina Evergrande's approaching bond voucher payments By Reuters

China Evergrande’s approaching bond voucher payments By Reuters

- Advertisement -spot_img

Factbox: China Evergrande's upcoming bond coupon payments © Reuters. SUBMIT PHOTO: The China Evergrande Centre developing indication is seen in Hong Kong, China, September 23,2021 REUTERS/Tyrone Siu

SHANGHAI (Reuters)– China Evergrande Group, with $305 billion in liabilities, is facing its most significant test yet in public financial obligation markets as the distressed designer scrambles for funds ahead of what might be among China’s biggest restructurings.

Bond voucher payments amounting to more than $148 million are due on Monday, after the business on Sept. 29 stopped working to make a $475 million bond interest payment on its 9.5%March 2024 dollar bond. It likewise missed out on $835 million in discount coupon payments the previous week.

While the designer does not have anymore onshore or overseas bonds developing this year, it needs to still make voucher payments for its overseas bonds amounting to $500 million by Dec. 28.

Following is a list of Evergrande’s upcoming discount coupon payments on its onshore and overseas bonds.

Maturity Ccy Outstanding Next RIC

quantity voucher discount coupon

date quantity

Apr. 11, USD $1.45 bln Oct. 11, $6888

20222021 mln

Apr. 11, USD $850 mln Oct. 11, $425

20232021 mln

Apr. 11, USD $700 mln Oct. 11, $3675

20242021 mln

Oct. 19, CNY 2.1 bln Oct. 19, 121.8

2025 yuan 2021 mln yuan

Jan. 30, USD $300 mln Oct. 30, $1425

20222021 mln

Nov. 6, USD $645 mln Nov. 6, $4193

20222021 mln

Nov. 6, USD $590 mln Nov. 6, $4056

20232021 mln

Jun. 28, USD $1.34 bln Dec. 28, $5043

20232021 mln

Jun. 28, USD $4.68 bln Dec. 28, $20477

20252021 mln

($ 1 = 6.4369 )

Disclaimer: Fusion Media want to advise you that the information included in this site is not always real-time nor precise. All CFDs (stocks, indexes, futures) and Forex rates are not supplied by exchanges however rather by market makers, therefore rates might not be precise and might vary from the real market value, implying costs are a sign and not suitable for trading functions. Blend Media does n`t bear any obligation for any trading losses you may sustain as an outcome of utilizing this information.

Fusion Media or anybody included with Fusion Media will decline any liability for loss or damage as an outcome of dependence on the details consisting of information, quotes, charts and buy/sell signals consisted of within this site. Please be completely notified concerning the dangers and expenses related to trading the monetary markets, it is among the riskiest financial investment types possible.

- Advertisement -spot_img
- Advertisement -spot_img
Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
- Advertisement -spot_img
Related News
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here