The filing said that the interest payment of 20 恒大 04 “has been resolved via negotiations off the clearing house", which has triggered speculation that #Evergrande struck a deal with noteholders to postpone interest payments without having to label the move a default.
https://twitter.com/Sino_Market/status/1440484973442596879
Li Kai, founding partner of bond fund Shengao Investment said #Evergrande's arrangement to pay noteholders directly may be because the companies can’t transfer the cash on time or in full, and it usually will involve extension, payment in installment, or a reduction in the coupon
#Evergrande will also have an interest payment due Sept. 23 on its 8.25% US dollar note due 2022, which is about $83.53 million.
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