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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 lat temu·388 comments

Twitch leak, including site source code and creator payouts

reddit.com
2 points·by nwidynski·5 lat temu·0 comments

comments

nwidynski
·4 lata temu·discuss
https://www.amazon.com/LG-27GN950-B-Ultragear-Response-Compa...
nwidynski
·5 lat temu·discuss
This is just the interest payment on a $300B debt.
nwidynski
·5 lat temu·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 lat temu·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 lat temu·discuss
Just read this now, should've picked the DMSA link, but couldn't edit once posted. Thanks for updating though.
nwidynski
·5 lat temu·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 lat temu·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.