HONG KONG: Several bondholders of China Evergrande Group have received coupon payments from the indebted property developer, a source with knowledge of the matter said on Thursday, easing concerns about a potentially destabilising default.
Chinese media outlet Cailianshe earlier reported several bondholders have received interest payments of the three bond tranches that had a total of more than $148 million in interest payments due last month but which had a grace period that ended Wednesday.
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