China Evergrande gets six-month extension for Hengda onshore coupon payment

China Evergrande gets six-month extension for Hengda onshore coupon payment

FILE PHOTO: An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo/File Photo

China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said its creditors have approved a sixmonth extension of a 574 million yuan ($88 million) coupon payment for an onshore bond that was due on Wednesday.