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EVERGRANDE: International bond investors facing 22.5 billion USD write-offs

BERLIN, Oct. 25, 2021 /PRNewswire/ — The almost unavoidable bankruptcy of Evergrande could even trigger a global financial crisis. This is shown by the DMSA research report “The Great Reset – Evergrande and the Final Meltdown of the Global Financial System”.
In the research report, former Fitch analyst Dr. Marco Metzler demonstrates that a bankruptcy of real estate developer Evergrande could trigger a global financial crisis. The developer, which directly or indirectly employs around four million people, has accumulated around $300 billion in debt that it cannot repay on time.
Metzler, who already correctly predicted the bankruptcy of Mannheimer Lebensversicherung in 2003, and his two co-authors – Michael Ewy and Asia expert Duc Dam – demonstrate in detail in the report for the German market screening agency DMSA that international investors alone have put around 23.67 billion US dollars into 23 bonds and three large loans of the lurching property developer. Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz. “At the same time, we are far from aware of all international investors, but only 148 investors with increased reporting obligations, such as fund companies, who have invested a total of $3.44 billion, are known. There could still be some negative surprises here,” believes Dr. Metzler.
(Note: The list of investors known so far can be taken from the DMSA report available at www.dmsa-agentur.de).
Particularly dangerous: At the end of September, the rating agency Fitch downgraded Evergrande’s credit rating to C, giving it a recovery rating of RR6 for outstanding bonds. In other words, the agency expects investors to recover only zero to ten percent of their invested capital in the event of Evergrande’s bankruptcy. “Assuming an average recovery of five percent, international investors would have to immediately write off around $22.5 billion in the event of insolvency,” report author Metzler calculates. “In the worst case, some of the international investors we don’t know today could then also face bankruptcy.”
The bankruptcy of Evergrande itself, on the other hand, has probably already occurred. As of Monday morning German time, no confirmation had been received – neither from Evergrande itself, nor from rating agencies on the ground, affected bond investors or banks involved – that overdue interest of $83.5 million had been paid at the end of last week – the last possible date of the 30-day grace period. So far, there are only unconfirmed press reports that the interest has been paid into escrow accounts.
However, it has not yet been received by the creditors. This would mean that the company would have gone bankrupt. But even if the interest had been paid this time, it would only be a postponement of insolvency. Because from now on, it will be one blow after the other: The next but one (also already in arrears) must be paid by November 10.
In addition, Evergrande is due to make a further 275.8 million US dollars in regular coupon payments by December 6. And until January 27, distributions of another 255.2 million US dollars are due. If it is indeed possible to service all the coupons due, a much larger chunk of the repayment of a two-billion-dollar bond will have to be paid off by March 23, 2022 at the latest.
According to the respected Chinese business magazine Caixin, Evergrande will have to raise a total of 106 billion euros for interest and repayments within the next twelve months. “In the unlikely event that the Chinese government does not step in, Evergrande’s collapse must be regarded as certain,” says report author Metzler, interpreting these figures.
The bankruptcy of the dangerously lurching developer is merely the first stage of a financial chain reaction that such a bankruptcy is likely to trigger. In their report, Dr. Metzler and Co. make it clear that Evergrande is not the only Chinese real estate developer in trouble. Fantasia, Modern Land and Sinic, for example, have also recently been unable to service their debts. The entire real estate sector, which accounts for 25 to 30 percent of economic output in China, is completely overheated. Any bankruptcy can drag down other Chinese real estate companies, banks and insurers.
In addition, an Evergrande bankruptcy is likely to significantly slow down Chinese economic growth. The economic problems in China will then become even more apparent. Keywords: energy and raw material shortages, plant and port closures, and the over-indebtedness of the state, companies and private individuals. The debt ratio is already 230 percent of the country’s annual economic output. “This could have devastating consequences for the global economy. Supply chains would be put under even greater strain than they already are today – if they don’t break completely,” predicts report author Marco Metzler. This, in turn, would then inevitably lead to galloping inflation in the USA and Europe.
In the view of the report authors, a bankruptcy of Evergrande has the potential to lead to extreme disruption of the global financial system – with bankruptcies of players that are still considered rock solid today. “Triggered by a Chinese financial virus called Evergrande, the world may be facing a ‘Great Reset’ – the final meltdown of the current global financial system,” Dr. Marco Metzler pessimistically concludes.
Please find more information and the research report at www.dmsa-agentur.de
About DMSA Deutsche Markt Screening Agentur GmbH:
DMSA Deutsche Markt Screening Agentur GmbH, is an independent data service that collects and evaluates market-relevant information on companies, products and services. DMSA sees itself as an advocate for consumers, private customers and intelligent investors. The claim: to always look at companies and providers, products and services through the eyes of the customers. The customers are the focus of DMSA’s work. For them, important and decision-relevant information is bundled and presented as market screenings. The aim is to create more transparency for consumers when selecting products, investments and services.
Press contact: Inga Oldewurtel Press Officermailto: oldewurtel@prio-pr.deTel.: +49 176 62 26 18 97
Responsible for the content:DMSA Deutsche Markt Screening Agentur GmbHWichertstraße 1310439 Berlin GermanyMichael EwyManaging Directorhttp://www.dmsa-agentur.de 
 

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HOP Events, helmed by Kalpesh Kinariwala, bridges Indian talent and global prestige at the Shows of India 2026 Conclave

The anchor sponsorship of the Shows of India 2026 Conclave marks HOP Events’ official pathway into the Indian subcontinent; the UAE-based premium live entertainment company aims to source and showcase extraordinary Indian talent in the markets it operates in.This move will bridge the gap between iconic Indian artists — rooted in Indian and South Asian culture — and world-class international venues and global audiences.In addition to headlining the conclave as its anchor sponsor, HOP Events also made its presence felt in crucial conversations and networking hubs, with Founder and Chairman Kalpesh Kinariwala gracing the conclave as a speaker.NEW DELHI, May 5, 2026 /PRNewswire/ — HOP Events, a UAE-based premium live entertainment company, made landfall on Indian shores through the eagerly awaited Shows of India 2026 Conclave. The sixth edition of the event, which drew to a close on May 2, brought together high-profile industry veterans, change-makers, and disruptors who are shaping the future of India’s live entertainment economy.

Led by industry trailblazer Kalpesh Kinariwala, HOP Events not only participated as the anchor sponsor for the conclave but also broke new ground by offering Indian talent and agencies unprecedented inroads into global markets and prestigious productions.Held at Delhi’s upscale The Leela Ambience Convention Hotel, the two-day Shows of India 2026 Conclave is India’s most anticipated flagship gathering focused on the live entertainment, events, and experiential segments. It brings together key players from across the industry’s value chain, including event professionals, artist managers, promoters, brands, and creators, and facilitates industry-shaping conversations and collaborations.HOP Events’ rationale for backing the Shows of India 2026 Conclave was simple but powerful – as a hub for some of the greatest artistic talent in the world, India stands to benefit immensely from HOP Events’ proven expertise in the premium live entertainment industry. With the conclave sitting at the intersection of India’s creative excellence and its commercial ambition, it is the perfect avenue for HOP Events to seek the artists, managers, collaborators, and cultural voices they want to elevate and present to the world. This anchor sponsorship is thus a declaration of HOP Events’ intent to champion Indian talent and carry it far beyond India’s borders.Elaborating further on the sponsorship, Kalpesh Kinariwala, Founder and Chairman of HOP Events, who also spoke at the conclave, shared:”India is producing some of the most streamed, most loved, and most culturally significant artists on the planet. Arijit Singh ranks ninth among Spotify’s top artists globally. A.R. Rahman has 75 million followers and ranks ahead of global superstars. Rishab Sharma is the number one followed sitar player in the world. Rahat Fateh Ali Khan, Aditya Gadhvi, Anuv Jain — these are artists with massive, passionate global fanbases.Yet their presence on international stages, particularly in the Gulf and beyond, remains far below what their stature deserves. That is the opportunity HOP Events is seizing. The UAE is home to a millions-strong South Asian diaspora — professionals, families, and communities who are hungry for these artists and have both the means and the desire to attend premium live experiences. The Shows of India 2026 Conclave gives us the needed platform to engage with this talent ecosystem at exactly the moment when appetite for Indian talent on the global stage has never been higher.”The conclave’s growing eminence as a premium, high-production-value platform was further underscored by its association with HOP Events, an industry leader in creating large-scale experiential events. Through the years, the Shows of India Conclave has differentiated itself through its trailblazing properties and a star-studded artist line-up. By essaying the role of anchor sponsor for India’s premier business and entertainment conclave, HOP Events is throwing the doors open for partnerships with Indian artist managers, talent agencies, record labels, and creative professionals.As the force behind the sold-out Etihad Arena concert with Arijit Singh, A.R. Rahman, and Rishab Sharma, HOP Events knows what it takes to market Indian artists to global audiences, fill premium venues, and create experiences that do justice to the cultural magnitude these artists carry.In the mid-to-long term, HOP Events aims to become the defining bridge between Indian artistic talent and the global stage. The company is actively scaling across the GCC and extending further into South Asian diaspora hubs globally, with the goal of bringing world-class talent backed by high-end productions and marketing sophistication to deep, passionate, and underserved audiences for Indian and South Asian cultural experiences.About HOP EventsFounded by industry veteran Kalpesh Kinariwala, HOP Events is one of the UAE’s most prestigious names in premium live entertainment. It is hailed for curating global live experiences across the UAE and beyond. The company brings together eminent international artists, creativity, and immaculate organization on one stage, delivering world-class live concerts and entertainment experiences that make a lasting impression on the cultural fabric of the region. HOP Events’ expertise spans from close-up intimate performances to sold-out iconic arenas and includes notable names such as Arijit Singh, A.R. Rahman, and Rishab Sharma. The company differentiates itself through the three pillars of innovation, excellence, and a strong community focus. In doing so, it creates experiences that anchor communities, build connection, and foster a stronger sense of belonging, while delighting audiences with seamless execution, elevated experiences, and disruptive thinking.https://hopevents.ae/Photo: https://mma.prnewswire.com/media/2972758/Kalpesh_Kinariwala.jpg 

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Every Colgate Smile Has A Story: Celebrating Real People, Real Stories, and Real Impact

A tribute to the unwavering faith of Indian mothers, the series kicks off with the authentic story of a legendary 125-year-old sweet-making family from Dehradun.Watch the film here: https://www.youtube.com/watch?v=MQajpQ224EAMUMBAI, India, May 5, 2026 /PRNewswire/ — For nearly 90 Years, the indispensable Colgate tube has occupied a sacred, quiet corner of Indian homes serving as a Suraksha Chakra. It isn’t just a product; for generations of mothers, Colgate has earned a place as a ‘trusted member’ of the family, providing a foundation of care for their loved ones. 

Today, Colgate-Palmolive (India) Limited celebrates this enduring bond with the launch of the new platform, ‘Every Colgate Smile Has A Story’. This new series moves beyond traditional advertising to document the Real People, Real Stories, and Real Impact behind the brand’s 90-year legacy in India. The Heart of the Shield: A Mother’s Peace of MindAt the core of the campaign is the universal truth, a mother’s desire to protect her family, ensuring their health and well-being through every stage of life. This series explores what happens when this instinct meets a partner she can trust.To prove the strength of this shield, the series puts Colgate’s protection through the ultimate litmus test – a household with a 125-year-old legacy of making sweets.The first film, ‘Raised by Sweets,’ takes us to Dehradun into the home of Vertica Khandelwal, whose family has been crafting legendary sweets for over a century. Surrounded by a world of sugary temptations, Vertica balances her desire to let her children celebrate their heritage with the natural maternal anxiety regarding the impact such a sweet-rich environment could have on their teeth. Her peace of mind comes from a simple, powerful reassurance: ‘Colgate Sambhal Lega’ (Colgate will handle it). Science Rooted in LegacyWhile the stories are told through the lens of emotion, the foundation for Colgate is rigorous science. Colgate Strong Teeth reinforces this 90-year trust with its advanced Arginine + Calcium Boost Technology, providing 24-hour cavity protection. It is this quiet, scientific strength that gives mothers the confidence to let their children explore and grow, knowing the shield is always active.Gunjit Jain, Executive Vice President – Marketing, Colgate-Palmolive (India) Limited, said: “For 90 years, mothers across India have trusted Colgate as their family’s ‘Suraksha Chakra.’ With ‘Every Colgate Smile Has A Story,’ we are stepping beyond traditional advertising to honour that profound trust. Vertica’s story in Dehradun perfectly captures what we stand for: allowing mothers to let their children fully experience life’s sweet moments, knowing our protection is always there.”The ‘Every Colgate Smile Has A Story’ series will be amplified nationwide across television, digital, and social media.About Colgate-Palmolive (India) LimitedColgate-Palmolive is a caring, innovative growth company that is reimagining a healthier future for all people, and the planet. Colgate-Palmolive (India) Limited is the market leader in Oral Care in the country, committed to delivering sustainable, profitable growth for its shareholders, while fostering an inclusive workplace for its people. With a primary focus on science-led innovations in Oral Care & Personal Care in the Indian market, the company is recognized for its leadership and innovative efforts in advancing sustainability and community well-being. Among its recent accomplishments, the company has made significant strides in reducing plastic waste and promoting recyclability, conserving water and energy at its manufacturing facilities, empowering women with financial and digital literacy and enhancing children’s oral health through its flagship, Colgate Bright Smiles, Bright Futures® program. For more information about Colgate’s global business and how it is building a future to smile about, visit: www.colgatepalmolive.co.inPhoto: https://mma.prnewswire.com/media/2972719/Colgate_Story.jpgLogo: https://mma.prnewswire.com/media/2396024/Colgate_Palmolive_India_Logo.jpg 

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MSEED and SCOPE Global Skills University Sign Strategic Partnership to Shape the Future of Experiential Marketing Education

MUMBAI, India and BHOPAL, India, May 5, 2026 /PRNewswire/ — Premium education institute MSEED (The Management School of Events and Experience Design) today partnered with SCOPE Global Skills University, Bhopal, to introduce a two-year MBA in Event Management and Experiential Marketing.

Besides boosting students academically, this association intends to equip them with the evolving demands of events and the experiential marketing ecosystem. Furthermore, the collaboration will be fueled by industry expertise and academic structure, helping students build a career in the fast-growing fields of events, entertainment, and experiential marketing.At a time when experiential marketing is ‘evolving from a tactical activation to a strategic growth engine for brands’, this collaboration serves right.Speaking on this exclusive partnership between MSEED and SCOPE, Joshua Newman, Vice-President – Marketing & Partnerships, MSEED, said, “Our focus has always been on outcomes, not just education. This partnership allows us to extend that vision by working with SCOPE Global Skills University to create a program that prepares students for real careers. From curriculum to classroom delivery and industry exposure, every aspect is designed to ensure that students graduate with confidence, clarity, and practical experience.”The MBA program is designed to:Provide a recognized postgraduate qualification with a specialized focusBuild practical skills through real-world projects and case studiesOffering industry interaction, mentorship, and exposureSupport students with internship and placement opportunitiesDr. Vijay Singh, Vice Chancellor of SGSU, hailed the launch as a landmark moment for the city. “This is a remarkable event not just for our university, but for the city of Bhopal. We are witnessing a paradigm shift in how specialized education is delivered in Madhya Pradesh. By launching this MBA in Event Management, we are providing our youth with a platform to master the art of execution, creativity, and management right here in their home state,” he said.The partnership was formally cemented through the signing of an agreement between the two institutions in the esteemed presence of Mangubhai C. Patel, the current and 19th Governor of Madhya Pradesh, marking a significant milestone in the evolution of industry-integrated education in India.For more information on events and experiential marketing, please visit our website.Media Contacts:For media inquiries, please contactTasneem Limbdiwalatasneem@mseededucation.com About MSEEDMSEED, a part of EVA Group, India’s one of the largest live event companies, and backed by 200 odd industry veterans, the institute brings with it deep-rooted industry expertise and real-world insights. It is a creative business institute designed for the next generation of storytellers, strategists, producers, and brand builders. The mission is not just to prepare students for jobs, but to lead industries. Photo: https://mma.prnewswire.com/media/2971835/MSEED_SCOPE_Agreement.jpg 

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