Evergrande Main Unit Remits Funds of Due Onshore Coupon
Hengda Real Estate Group, main unit of Evergrande remit funds of onshore bond coupon
Debt strapped China Evergrande Group’s (3333 HK) main unit Hengda Real Estate Group Co. has remit funds to pay onshore bond coupon of 121.8 million yuan due on Tuesday, according to Reuters.
The group has $14.25 million bond coupon payment due on October 30. Earlier the group missed a series of bond coupons denominated in US dollar.