Evergrande Is Leaving Foreign Bondholders in the Dark, Advisers Say

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Evergrande Is Leaving Foreign Bondholders in the Dark, Advisers Say
France Dernières Nouvelles,France Actualités
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Advisers to foreign holders of Evergrande bonds say the embattled Chinese property developer isn’t sharing critical information

Advisers to China Evergrande Group ’s international bondholders have made little progress in their efforts to engage with theskipped interest payments

due on about $2.03 billion in U.S. dollar bonds on Sept. 23, and has a 30-day grace period before its bondholders can call a default. Evergrande also didn’t pay the coupon on another set of dollar bonds last week. The 25-year-old company is

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