Evergrande fails to pay $180 million interest debt, ASX tumbles – ABC News

Comment by tonytran2015: the end phase of a company following its bubble phase https://www.abc.net.au/news/2021-10-01/asx-stocks-wall-street-inflation-australian-market/100499256 … The embattled property firm, reeling under a debt pile of $421 billion ($US305b), was due to make a $65.7 million ($US47.5m) bond interest payment on its 9.5 per cent March 2024 dollar bond on Wednesday. It also failed to make […]

Evergrande fails to pay $180 million interest debt, ASX tumbles – ABC News

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