NY Times with the report that embattled China property developer Evergrande has made payment and thus avoided default
- China Evergrande, the troubled property giant, made another debt payment ahead of a Friday deadline, averting default for the second time in two weeks, according to one of the company's bondholders.
- made a $45.2 million payment that had been due on Sept. 29, ... Evergrande had a 30-day grace period on the bond payment; the extension was to end on Friday.