Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020,with the novel paper carrying 11 percent interest rates.The company said that the fresh tranche of bonds, which were issued... Read More>>The post China Evergrande Tests the “Too Big to Fail” speculation With $1B Bond Sale at 11% appeared first on Mingtiandi.
Source: mingtiandi.com