Country Garden Faces Fresh Debt Payments and may Announce a Restructuring Soon

Two coupons totaling $66.8 million from Country Garden, which missed two-dollar interest payments last month, are due on Monday.

The developer declined to comment on the Cailianshe claim or whether any payments have been paid.

The 6.5% April 2024 and 7.25% April 2026 bonds from Country Garden are linked to the coupons payable on Monday.