Evergrande Misses Second Offshore Bond Payment; Some Onshore Investors Get Partial Payment

An exterior view of the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, on Sept. 29, 2021. Aly Song/Reuters

SHANGHAI/BEIJING/HONG KONG—China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt obligation in a week, although the cash-strapped company on Thursday made a partial payment to some of its onshore investors.

The company, reeling under a debt pile of $305 billion, was due on Wednesday to make a $47.5 million bond interest payment on its 9.5 percent March 2024 dollar bond, after having missed $83.5 million in coupon payments last Thursday.