Evergrande has reportedly made good on another payment, averting default once again

211029005838 evergrande center 1022 restricted super tease

The debt-stricken firm paid interest on a dollar-denominated bond that was due in late September, just as a 30-day grace period expired, according to the New York Times and Bloomberg. Each publication cited unnamed sources. CNN Business could not independently verify that the payment had been made, and Evergrande did not immediately respond to a … Read more