Debt-laden Chinese realtor Evergrande to repay offshore bonds after arranging $1.75b

Debt-laden Chinese realtor Evergrande to repay offshore bonds after arranging $1.75b

Reuters

China‘s most indebted property developer said it had arranged its own funds of HK$13.6 billion ($1.75 billion) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds, sending its shares sharply higher.