> Evergrande bond default deal gives time to 'solve problems': Analyst / V000_9NB4ZX
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Evergrande bond default deal gives time to 'solve problems': Analyst / V000_9NB4ZX
Clip ID 2130565
Creator AFP
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Embattled Chinese property titan Evergrande said Wednesday it had agreed on a deal with domestic bondholders that should allow the conglomerate to avoid missing one of its interest payments and avoid default, but its deeper debt burden remains. Meng Ting, a senior analyst with ANZ Bank tells AFP the deal may be "in exchange for more space to solve its internal problems." IMAGES AND SOUNDBITES