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Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to Restricted Default

The downgrades reflect the non-payment of coupons due 6 November 2021 for Tianji's USD645 million 13% bonds and USD590 million 13.75% bonds after the grace period lapsed...
The downgrades reflect the non-payment of coupons due 6 November 2021 for Tianji's USD645 million 13% bonds and USD590 million 13.75% bonds after the grace period lapsed...
Article / 2 years ago

Construction Sector to Play Important Part in Post-Lockdown GDP Recovery

The construction sector contributed heavily to the collapse in eurozone and UK activity in March and April and will be one of the sectors leading post-coronavirus-lockdown recoveries...
The construction sector contributed heavily to the collapse in eurozone and UK activity in March and April and will be one of the sectors leading post-coronavirus-lockdown recoveries...
Article / 4 years ago

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U.S. P/C Insurer Personal Lines Recovery to Drive Profitability in 2024
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Fitch Revises Outlook on China to Negative; Affirms at 'A+'
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The leading European reinsurers’ very strong financial results in 2023 enabled them to bolster reserves a...
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