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Ekleyen: İnternet Robotu
Haber: What ‘Keepwell’ Means With Bonds Like Evergrande’s
A potential restructuring at one of China’s largest, state-run managers of distressed debt -- China Huarong Asset Management Co. -- and fears of a default by the world’s most indebted developer -- China Evergrande Group -- have drawn fresh attention to the labyrinthine structures that Chinese borrowers use to issue and guarantee offshore debt. The so-called keepwell provisions are supposed to protect a foreign bondholder in case the mainland company runs into financial trouble. The problem is th
https://www.washingtonpost.com/business/what-keepwell-means-with-bonds-like-evergrandes/2021/07/23/0298a332-eb75-11eb-a2ba-3be31d349258_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business
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