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Country Garden Defaults for First Time on Dollar Bonds
Published on: 2023-10-26
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Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time.

Country Garden's failure to pay interest on the note within a grace period that ended last week "constitutes an event of default", Bloomberg reported citing the notice to holders from a trustee.

碧桂园海外美元债务已经被认定违约

据彭博报道,碧桂园首次被认定美元债券违约。受托人花旗国际有限公司向持有人发出通知,碧桂园未能在上周结束的宽限期内支付票据利息,"构成违约事件"。

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