CHARDON, OH—A promotional mailing from the Ohio Lottery led to a Chardon Marathon customer winning a $1-million annuity prize. The win occurred when the customer used a coupon to receive…
By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an…
By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an…
LOS ANGELES – A Santa Clarita resident who invested in real estate and sold “coupon bonds” that promised regular interest payments on top of principal repayment was sentenced today…
Miami, Florida – Today, William Clero, 45, a resident of Miami, Florida, was sentenced by U.S. District Judge K. Michael Moore to 210 months in prison. Clero had previously pleaded…
HONG KONG -Some of Sunac China’s bondholders had not received coupon payments from the property developer on a $750 million offshore bond by the close of Asia business on Wednesday…
LOS ANGELES – A Santa Clarita resident who invested in real estate and sold “coupon bonds” that promised regular interest payments on top of principal repayment has agreed to…
HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said its creditors have approved a six-month extension of a 574 million yuan ($88 million) coupon…
– Russian steelmaker Severstal said on Wednesday it would apply for a special licence to process a Eurobond coupon payment that Citibank froze. Severstal, whose main shareholder, Alexey Mordashov, was…
– The Russian rouble hovered around the 104 mark to the U.S. dollar most of the trading session in Moscow on Tuesday, lacking momentum for larger moves, while government OFZ…
– Russia’s finance ministry on Friday said it had fully met its obligations on paying coupons on dollar-denominated Eurobonds due in 2023 and 2043, and said payment agent Citibank had…
HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said it will meet onshore bondholders on Friday and Saturday to delay a coupon payment due…
LONDON – Sovereign bond coupon payments that Russia was due to make on March 16 have been received by bondholders, in dollars, two market sources told Reuters on Thursday. Earlier…
-The Russian rouble rose against the dollar in Moscow and offshore trading on Wednesday, although volumes remained thin and other Russian assets continued to be un-tradable. Bombs rained down on…
– The Russian Finance Ministry said on Monday it has sent an order to a correspondent bank for the payment of coupons on eurobonds amounting to $117.2 million, a signal…
BEIJING – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by six months, a source with…
Miami, Florida – Today, William Clero, 45 and Cesar Armando Perez Amador, 52, residents of Miami, Florida, pleaded guilty in U.S. District Court in Miami for their participation in a…