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.
Holders of three bond issues had been due to receive $148 million
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.