Country Garden's Financial Stress Deepens as It Seeks to Extend Onshore Bonds
Wednesday, 17 April 2024, 05:30
Country Garden Extends Onshore Bonds
Country Garden, a Chinese property developer, is facing financial stress due to delayed onshore bond payments.
Challenges Amid Declining Home Sales
Country Garden is pushing back some onshore bond payments to later dates despite a round of extensions last year, underscoring the financial stress at the Chinese property developer.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.