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What 'Keepwell' Means With Bonds Like Evergrande's

Retrieved on: 2021-07-23 05:15:00

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The keepwell provision often involves a Chinese company's pledge to keep an offshore subsidiary that is issuing the ... The firm is considered investment grade though some of its bonds have been trading at junk levels, in part due to ...

Article found on: www.washingtonpost.com

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