No Evergrande bondholders have received overdue coupon payments – source

Reuters

LONDON – No holders of two bonds issued by China Evergrande Group’s unit Scenery Journey Ltd had received overdue coupon payments as of 1400 GMT on Tuesday, a source familiar with the situation told Reuters.

The embattled property giant was due to make semi-annual coupon payments on Monday worth a combined $82.49 million on its 13% November 2022 and 13.75% November 2023 bonds.

(Reporting by Karin Strohecker; Editing by Rachel Armstrong)

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