Thu 09/23/2021 07:12 AM
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Relevant Document:
Preliminary Offering CircularCiticorp International, the trustee of China Evergrande Group’s $2.025 billion 8.25% notes due March 23, 2022, as of 5 p.m. today, Sept. 23, had not received any funds from the company for $83.5 million coupon payment due today under the notes, said two bondholders citing the trustee. Nonpayment of the coupon that is not cured during a 30-day grace period would constitute an event of default, according to the notes’ offering...
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