Economy 1 MIN READ

Chinese developer Sunac misses bond repayment

May 12, 2022By Reuters

Sunac China 1918.HK did not make an interest payment on a $750 million offshore bond by the time a grace period expired, the company said in a statement on Thursday.

It had been due to pay $29.5 million in interest on the October 2023 bond that was required to be repaid last month.


(Reporting by Scott Murdoch; Editing by Tom Hogue)

This article originally appeared on

Read More Articles About: