Evergrande investors left in dark as key debt deadline passes
Issued on:
Bondholders of troubled Chinese property developer Evergrande were left in the dark as a deadline for $83 million in interest payment passed without comment from the company. Evergrande's silence stands in contrast to its treatment of investors at home, with whom it settled coupon payments earlier in the week. Plus, Arc France, which runs the biggest glassware factory in the world, is in deep financial waters again and may have to seek government help, despite a bulging order book.