(Bloomberg) — China’s most stressed dollar debtors face a major test of their financing capacity next month, with over a tenth of all bonds coming due just as the nation grapples with the economic impact of a virus that continues to spread.About $2.1 billion of offshore notes with yields of at least 15% — characterizing them as stressed — are due in March, the biggest monthly maturity wall this year, according to data compiled by Bloomberg. Most were sold by property developers, an industry that’s been hard hit with China’s transport system hobbled and much of the economy in an …read more
Source:: Yahoo Finance
