'Evergrande Bankruptcy Rumors: "Partial Bond Interest to Be Paid on the 23rd"'

[Asia Economy Reporter Joselgina] China real estate developer Hengda (Evergrande), which has been engulfed in bankruptcy rumors, announced that it will pay interest on some bonds maturing on the 23rd.

According to major foreign media, Hengda Group announced in a statement on the 22nd that it will pay interest on bonds maturing in September 2025, traded on the Shenzhen Stock Exchange, on the 23rd. The interest amounts to 232 million yuan (approximately 42.5 billion KRW).

However, Hengda did not mention whether it will pay interest of 83.5 million dollars (approximately 99.3 billion KRW) on bonds maturing in March 2022. It also did not mention payment of interest on offshore bonds.

On the 29th, the payment date for interest on bonds maturing in March 2024 (47.5 million dollars) will arrive.

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