Evergrande Averted a Destabilizing Default as the Developer Made Payments Perilously Close ... - Latest Tweet by Reuters

Evergrande averted a destabilizing default as the developer made payments perilously close to the deadline. A failure to pay would have resulted in a formal default by the company and triggered cross-default provisions for other Evergrande dollar bonds https://t.co/jKdieRZBvh pic.twitter.com/qhGCIaAh4X— Reuters (@Reuters) November 12, 2021

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