An onshore unit of China Evergrande Group said on 22 September it would make an interest payment on time this week, as investors wait to see if the debt-ridden conglomerate makes a separate payment due on dollar bonds that it is expected to miss.
The unit, Hengda Real Estate Group, will pay 232 million yuan, or the equivalent of about $35.9m, of interest on its 5.80% September 2025 bond on 23 September, the company said in a stock-exchange filing.
