While the developer does not have any more onshore or offshore bonds maturing this year, it must still make coupon payments for its offshore bonds totalling $547.57 million by Dec. 28. It is also due to make a 121.8 million yuan ($18.84 million) coupon payment on an onshore bond on Oct. 19.
Evergrande's next major test in public debt markets will come on Sept. 29, when it is due to make a $47.5 million bond interest payment on its 9.5% March 2024 dollar bond.
Following is a list of Evergrande's upcoming coupon payments on its onshore and offshore bonds.
Maturity Ccy Outstanding Next Next RIC
amount coupon coupon
date amount
Mar. 29, USD $1 bln Sept. $47.5
2024 29, 2021 mln
Apr. 11, USD $1.45 bln $68.88
2022 Oct. mln
11, 2021
Apr. 11, USD $850 mln $42.5
2023 Oct. mln
11, 2021
Apr. 11, USD $700 mln $36.75
2024 Oct. mln
11, 2021
Oct. 19, CNY 2.1 bln Oct. 19, 121.8
2025 yuan 2021 mln yuan
Jan. 30, USD $300 mln Oct. 30, $14.25
2022 2021 mln
Nov. 6, USD $645 mln $41.93
2022 Nov. mln
6, 2021
Nov. 6, USD $590 mln $40.56
2023 Nov. mln
6, 2021
Jun. 28, USD $1.34 bln Dec. 28, $50.43
2023 2021 mln
Jun. 28, USD $4.68 bln Dec. 28, $204.77
2025 2021 mln
($1 = 6.4662 Chinese yuan)
(This story corrects coupon dates in table to Oct. 11 from Oct. 12 and to Nov. 6 from Nov. 8)
(Reporting by Andrew Galbraith; Editing by Rashmi Aich, Nick Zieminski and Christopher Cushing)