Evergrande's U.S. bondholders did not receive Thursday's interest payment - WSJ reports, citing people familiar with the matter

Market news

24 September 2021

Evergrande's U.S. bondholders did not receive Thursday's interest payment - WSJ reports, citing people familiar with the matter

The Chinese company was to make $83.5 million in coupon payments by September 23 on U.S. dollar bonds
Evergrande could make the payments belatedly
It has a 30-day grace period before bondholders can call a default

European stocks closed: FTSE 100 7,051.48 -26.87 -0.38% DAX 15,531.75 -112.22 -0.72% CAC 40 6,638.46 -63.52 -0.95%

USD: Looking for another run lower towards May's lows - TD

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