Country Garden trustee notice declares bond default after missed coupon payment
Published
Country Garden default on dollar bond declared for the first time in trustee notice to bondholders Chinese developer Country Garden Holdings was deemed to be in default on a dollar bond for the first time ever, underscoring its fall into distress amid a broader property debt crisis that has shaken…
#countrygarden #countrygardens #citigroup #tianjin #yanghuiyan #xijinping #chinaevergrandegroup