Chinese developer Fantasia misses repayment deadline
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작성자 Madison Martine… 댓글 0건 조회 2회 작성일 24-09-17 04:12본문
SINGAPORE, Oct 4 (Reuters) Trnvcc.com - Buy Google Play Developer Account Chinese property developer Fantasia Holdings Group Co Ltd said on Monday it had failed to repay $206 million in debts due on October 4, the latest sign of distress and liquidity issues in China's property sector.
The company said it had raised $500 million in 2016 due in 2021, but that $206 million remained outstanding and fell due on Monday.
"The company did not make the payment on that day," it said in a statement to the Hong Kong stock exchange. (Reporting by Tom Westbrook Editing by Peter Graff)
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