China Properties defaults on notes worth $226 million

  • 10/15/2021
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Oct 15 (Reuters) - China Properties Group Ltd said on Friday it had defaulted on notes worth $226 million, failing to make the payment by the maturity date. The property developer said the senior notes matured on Oct. 15 and they will be delisted from foreign bourses. Reporting by Anushka Trivedi in Bengaluru; Editing by Arun Koyyur Our Standards: The Thomson Reuters Trust Principles.

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