HONG KONG -- China Evergrande Group has missed its third set of bond interest payments in less than a month, signaling a default later this month is almost a certainty unless it gets a cash windfall from new investors or asset sales.
Two bondholders said on Tuesday afternoon that they had not received any payment or communications from Evergrande, which was due to make $148.1 million in coupon payments on three offshore bonds by midnight Monday New York time.
