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Country Garden signals default, hires advisers as sales plunge

The builder “expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, including but not limited to those under the U.S. dollar notes issued by the company,� it said in a filing Tuesday.

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​ The builder “expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, including but not limited to those under the U.S. dollar notes issued by the company,â€� it said in a filing Tuesday. The builder “expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, including but not limited to those under the U.S. dollar notes issued by the company,â€� it said in a filing Tuesday.  Moneycontrol Latest News Read More  

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