Evergrande 'is not running out of money yet', says a bond expert who expects China's government to 'force collaborations' between stakeholders
The two payments totaled around $127.7 million, a tiny sliver of Evergrande's overall debt.
Despite Evergrande's debt woes, it's unlikely the firm is out of money, Warut told Insider last week. That's because a company as large as Evergrande will still have money in various locations including in subsidiaries. Instead, it's a question of how the corporate treasury can move the funds around.around the organization to pay back debt," wrote Warut in the note published on the Smartkarma platform.
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