Evergrande Debt Holders
Evergrande a top property developer in China is on the brink of default as its interest payments come due. The real estate developer Evergrande once binged on debt.
What does that mean for Evergrande debt holders.
Evergrande debt holders. While Chinas offshore CDS market is illiquid and rarely used holders of Evergrandes debt are global and not being able to hedge for the downside. The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt. Now the music has stopped investors are panicking and experts are warning of.
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