Country Garden in Final Hours to Avoid Dollar Bond Default
October 17, 2023
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2:26Now PlayingCountry Garden in Final Hours to Avoid Dollar Bond Default
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as posted by the channelThe clock is ticking for Country Garden Holdings Co. to avert its first-ever public dollar bond default after it missed its original deadline for the $15.4 million coupon on the note last month. The developer has warned that it won’t be able to meet all its future offshore payment obligations. Lorretta Chen reports on Bloomberg Television.
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