Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Factbox-China Evergrande's bond coupon payments through May 2022

Stock MarketsDec 07, 2021 03:37AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. The China Evergrande Centre building sign is seen in Hong Kong, China December 7, 2021. REUTERS/Tyrone Siu

SHANGHAI (Reuters) -Some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a 30-day grace period, four people with knowledge of the matter said, pushing the cash-strapped property developer closer to formal default.

Failure to make $82.5 million in interest payments that were due last month would trigger cross-default on the firm's roughly $19 billion of international bonds and put the developer at risk of becoming China's biggest-ever defaulter.

While the developer does not have any more onshore or offshore bonds maturing this year, it has $255.2 million in coupon payments due on Dec. 28.

Following is a list of upcoming U.S. and Hong Kong dollar bond coupon payment due dates for Evergrande and its units through May 2022:

Bond Outstanding Next Next RIC

amount coupon coupon

date amount

China $1.34 bln Dec. 28, $50.43

Evergrande 2021 mln

7.5% June 2023

China $4.68 bln Dec. 28, $204.77

Evergrande 2021 mln

8.75% June

2025

China $1 bln Jan. 22, $57.5 mln

Evergrande 2022

11.5% Jan.

2023

China $1 bln Jan. 22, $60 mln

Evergrande 12% 2022

Jan. 2024

Scenery $2 bln Jan. 24, $115 mln

Journey 11.5% 2022

Oct. 2022

Scenery $2 bln Jan. 24, $120 mln

Journey 12% 2022

Oct. 2023

China HK$81 mln Feb. 14, HK$1.72

Evergrande 2022 mln

4.25% Feb.

2023

China $2.025 bln Mar. 23, $83.53

Evergrande (due at 2022 mln (at

8.25% March maturity) maturity)

2022

China $1 bln Mar. 29, $47.5 mln

Evergrande 2022

9.5% March

2024

China $1.45 bln Apr. 11, $68.88

Evergrande (due at 2022 mln (at

9.5% April maturity) maturity)

2022

China $850 mln Apr. 11, $42.5 mln

Evergrande 10% 2022

April 2023

China $700 mln Apr. 11, $36.75

Evergrande 2022 mln

10.5% April

2024

Scenery $645 mln May 6, $41.93

Journey 13% 2022 mln

Nov. 2022

Scenery $590 mln May 6, $40.56

Journey 13.75% 2022 mln

Nov. 2023

Factbox-China Evergrande's bond coupon payments through May 2022
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email