Name: Evergrande Debt Pressure Grows Amid Missed Payouts
Uploaded: 2021-11-11T14:11:20.000Z
Description: China's now-infamous real estate developer Evergrande is back in the hot seat.

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China's now-infamous real estate developer Evergrande is back in the hot seat.

The company has become the most high-profile example of major debt crisis in the sector—but now faces even more challenges.

The Chinese real estate developer was due to pay an about $150 million bond coupon Wednesday. But some bondholders didn't receive their payments by the end of the business day in Asia.

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