Country Garden said to pay 2 coupons as Chinese builder chips away at US$14.9 billion near-term debt load
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
The Chinese developer paid US$22.5 million in interest on two dollar bonds before the end of a 30-day grace period on September 6, according to sources. It separately sold new shares to help repay debt owed to a Hong Kong company.