It has been aggressively raising loans to support its land buying spree and selling apartments quickly. Evergrande has the distinction of being the worlds most debt-saddled property developer and has been on life support for months.
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In the debt market Evergrandes June 2025 dollar bonds fell nearly 6 cents on Tuesday late morning to 27 cents yielding 5845 percent according to financial data provider.
Evergrande debt. A steady drumbeat of bad news in recent weeks. Evergrandes fast expansion over the years has been fuelled by debt.
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