Tag Archives: averts

Russia’s dollar payments on two foreign bonds have reached foreign creditors, Bloomberg reported on Tuesday. Ukraine-related sanctions had been holding up transactions for weeks, fueling fears of a default. Russia settled the $564.8 million payment on a 2022 Eurobond, and a $84.4 million payment on a 2042 bond on Friday, …

According to Chinese state media, Evergrande sent a $83.5 million bond payment to a Citibank trustee account on Thursday, a day before the deadline to pay interest on its US dollar bond. The heavily indebted company will have to make payments on a range of other bonds, currently amounting to …