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nwidynski

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Evergrande teeters on edge of default as $148M payment falls due

reuters.com
413 points·by nwidynski·5 anni fa·388 comments

Twitch leak, including site source code and creator payouts

reddit.com
2 points·by nwidynski·5 anni fa·0 comments

comments

nwidynski
·4 anni fa·discuss
https://www.amazon.com/LG-27GN950-B-Ultragear-Response-Compa...
nwidynski
·5 anni fa·discuss
This is just the interest payment on a $300B debt.
nwidynski
·5 anni fa·discuss
Well this time they already were inside a 30-day grace period which as of 3 hours ago they missed aswell, hence the default.
nwidynski
·5 anni fa·discuss
The payment on the debt was due today, and as of 3 hours ago that timeframe has passed, which is why the default got announced by the DMSA.
nwidynski
·5 anni fa·discuss
Just read this now, should've picked the DMSA link, but couldn't edit once posted. Thanks for updating though.
nwidynski
·5 anni fa·discuss
"Evergrande officially defaulted - DMSA is preparing bankruptcy proceedings against Evergrande Group", see: http://dmsa-agentur.de/download/20211110_DMSA_EVG_PM_en.pdf . Will fix the title though if more people view it as misleading.
nwidynski
·5 anni fa·discuss
This post was in direct response to: http://dmsa-agentur.de/download/20211110_DMSA_EVG_PM_en.pdf . I just thought the reuters article contained more relevant information.