Chinese developer Sunac misses bond repayment, expects to miss more - Economic Times
5/12/2022 12:00:00 AM3 years 9 months ago
by Reuters
by Reuters
With $7.7 billion in dollar bonds, Sunac is the fourth-largest issuer among Chinese developers, according to data from Duration Finance.
Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said on Thursday it doesn't expect to make payments coming due on other bonds, adding to a wave of de… [+2981 chars]
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