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Country Garden Shows Even China's Once-Mighty Builders at Brink.
- Source :
- Bloomberg.com; 8/9/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- Country Garden has 30 days to repay its coupons after payment effectively came due on Monday, according to the notes' prospectuses. (Bloomberg) -- China's former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring millions of dollars in payments, underscoring the sector's entrenched debt woes. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 169848129