Some China Evergrande Group bondholders have received coupon payments for a dollar bond tranche that was due on September 23 and for which the 30-day grace period ended last Saturday, two people with knowledge of the matter said on Monday.
Evergrande, the world’s most indebted property firm with more than $300 billion in liabilities, had sent $83.5 million to a Citibank trustee account on Thursday, a person with knowledge of the matter said last Friday.
Those funds have now been transferred to at least some of the offshore bondholders, people said on Monday, but they declined to be identified as they were not authorised to speak to the media.
An Evergrande spokesperson said the company did not have a comment.
• Reuters with additional editing by Jim Pollard