Zhengrong: Zhenro Defaults on Dollar Bond Payments: Evergrande Update - BNN Bloomberg
Zhenro Properties Group Ltd. defaulted for the first time after saying it was unable to pay interest on two dollar bonds before a grace period ended Saturday and warned it might not be able to meet three other coupons because of its liquidity woes.
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CEO
Li Yang
Zhengrong is a China-based real estate firm that provides services such as development, operation and management for commercial and mixed-use properties.
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