Déjà vu all over again
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On Monday, Reuters reported that a subsidiary of China Evergrande Group has failed to pay the coupon on two dollar-denominated bonds on time.
The subsidiary, Scenery Journey Ltd, was due to pay USD 41.9 million on a 13% note, and USD 40.6 million on a 13.75% note.
Reuters cited bondholders has sayi...