Country Garden Faces Another Bond Vote Deadline in Hours

The video discusses the financial situation of Country Garden, focusing on their request to extend the repayment of a note due in October, part of a larger group of notes. The company has managed to pay some interest payments, but future challenges remain, especially with a significant payment due in January. The video highlights the potential impact on the China housing market and anticipates further support measures from Beijing.

What is the total value of the notes for which an extension is being requested?

• 1 billion U.S. dollars

• 1.5 billion U.S. dollars

• 500 million U.S. dollars

• 2 billion U.S. dollars

Which company issued the note that is due in October 21?

• Country Garden

• Beijing Construction Group

• China Evergrant

• Guangdong Giant Lee Construction

How much interest payment did Country Garden recently pay?

• CN¥2 billion

• CN¥492 million

• CN¥62.1 million

• CN¥1 billion

What is the anticipated support for Country Garden from Beijing?

• Debt forgiveness

• Further support measures

• Interest rate reduction

• Tax incentives

When is the next major payment test for Country Garden?

• November

• December

• January

• March