China Builder Guangzhou R&F Set to Avoid Dollar Bond Default
Published on: Monday 10 January 2022
Chinese developer Guangzhou R&F Properties Co. succeeded in delaying payment on a dollar bond due Thursday despite buying back only 16% of the note, underscoring the company’s liquidity shortage.
News source: https://www.bloomberg.com/news/articles/2022-01-11/china-builder-guangzhou-r-f-set-to-avoid-default-on-dollar-bond
