China Properties defaults on notes worth $226 million

China Properties

15/10/2021 16:10

Oct 15 (Reuters) - China Properties Group Ltd  1838.HK  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)
 ((Anushka.Trivedi@thomsonreuters.com; +918061823241;))