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(Bloomberg) -- Chinese developer Shimao Group Holdings Ltd. said it didnât pay a $1 billion dollar note that matured Sunday, adding to a record year of offshore-bond delinquencies in the sector.
Most Read from Bloomberg
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>>> Read more: Chinese Developer Shimao Fails to Pay $1 Billion Dollar Bond
Most Read from Bloomberg
JPMorgan Sees âStratosphericâ $380 Oil on Worst-Case Russian Cut US Court Ruling May Take 70,000 Truckers Off Road, Spur Jams Crypto Meltdown Claims Rolex and Patek Philippe as Victims JPMorganâs Aronov Ignores the âCash Is Trashâ Chorus: Q&A The W...
>>> Read more: Chinese Developer Shimao Fails to Pay $1 Billion Dollar Bond