Inter: 400 million bond with Rothschild, Dma asks for bankruptcy for Evergrande | First page

Inter: 400 million bond with Rothschild, Dma asks for bankruptcy for Evergrande | First page
Inter: 400 million bond with Rothschild, Dma asks for bankruptcy for Evergrande | First page

At Inter, corporate events always take center stage. The Nerazzurri club is finalizing the refinancing of the two bonds for a total of 375 million euros, maturing in December 2022 with Goldman Sachs. According to Gazzetta dello Sport, by the end of this calendar year the company’s president Steven Zhang will arrange the last technical details to define the long-started transaction with another banking institution (Rothschild) moving to a single 400 million euro bond with a longer maturity, probably five years.

Meanwhile, German consultancy group DMA (German market screening agency) officially filed for bankruptcy proceedings for Evergrande, the Chinese giant of the real estate sector burdened by debts of 260 billion euros. According to the agency Bloomberg, would have paid interest on at least two out of three bonds late.
In 2017 Zhang Jindong, through a subsidiary of Suning Appliance, had anticipated ad Evergrande capital of 20 billion yuan, about 2.6 billion euros.

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