Country Garden to Miss Deadline on Guaranteed Bonds in First

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Country Garden to Miss Deadline on Guaranteed Bonds in First(Bloomberg) -- Chinese developer Country Garden Holdings Co. said it cannot make an interest payment on a local bond guaranteed by a state-backed program...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Country Garden Asks China’s State Guarantor to Pay Bond InterestChinese developer Country Garden Holdings Co. is seeking help from a state-backed program guaranteeing developer bonds to pay interest due Thursday, said people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Country Garden Deadlines Pose First Big Test of Bond GuaranteesOne of China’s most indebted developers is facing two bond-payment deadlines this week that could provide the first major test for a state-sponsored program that guarantees debt from some of the country’s biggest builders.
Source: BNNBloomberg - 🏆 83. / 50 Read more »