Fantasia – ‘debt Bomb’ Of Chinese Subsequent Real Estate Bonds Exploded

Chinese Real Estate Group Fantasia Holdings Group cannot acquire more than 205 million USD maturity bonds on October 4 and cannot pay a short-term loan of more than 108 million USD. Buy a house in Shenzhen, Beijing Many Chinese people are said to be "harder to go to the sky" because the price is too high in the 300 billion USD bond debt Evergrande shocking the global financial market has not found a way, the Chinese house buyers continue Shocked because the new real estate bond bombs played.Theo sources of Nikkei Asia, Fantasi Holdings Group could not acquire 205.7 million USD of corporate bonds due on October 4. At the same time, China's Real Estate Group also failed to pay a short-term loan of 700 million yuan (108

.56 million USD). According to Bond Bonds, Fantasia has a 30-day grace period Arrange to buy back bonds, pay for the owner without being declared by default. It is known that Fantasia Group was founded by the niece of the former Vice President of China, Tang Khanh Hong, having debts 762 million dollars international bonds will maturity this year and an additional $ 1 15 billion of the bond value matures in 2022, not to mention 6.4 billion yuan in the domestic bond. / 10, the credit rating firm Fitch Ratings has downgraded Fantasia's ranking to "CCC". Earlier, s

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