Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So
Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So

Evergrande crisis: developer Modern Land (China) seeks debt extension, to repay US$87.5 million early

  • Beijing-based developer seeks an extension on US$250 million bond to avoid ‘any potential payment default’
  • Debt extension request comes as concerns continue to swirl about a potential Evergrande default and the Chinese property sector

Topic |   Banking & finance
Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So
Zhang Peng, Modern Land (China)’s president, speaks during an interview in Hong Kong in this file photo from 2016. Photo: Edmond So
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