Evergrande Avoids Default With Last-Minute Bond Payment

The video discusses Evergrande's ongoing financial difficulties, focusing on their bond payment obligations and recent developments. Despite making a crucial payment, Evergrande still faces significant financial challenges, including upcoming bond payments and a failed deal with Hobson Development. The situation raises questions about how Evergrande will meet its near-term financial obligations.

What is the main concern regarding Evergrande's financial situation?

• They have secured long-term funding.

• They have no upcoming payments.

• They have resolved all their financial issues.

• They only have a short-term solution.

How much was the recent bond payment that Evergrande made?

• $45 million

• $2.6 billion

• $83.5 million

• $200 million

By when does Evergrande need to pay the remaining overdue bond coupon payments?

• By October 31st

• By November 11th

• By December 1st

• By January 1st

What was the value of the deal between Evergrande and Hobson Development that collapsed?

• $2.6 billion

• $45 million

• $83.5 million

• $200 million

What is the main question raised by the failed deal with Hobson Development?

• How will Evergrande reduce its workforce?

• How will Evergrande meet its near-term obligations?

• How will Evergrande meet its long-term obligations?

• How will Evergrande expand its business?