Wall St Journal reports

Evergrande

The sale raked in more than $50 million as Evergrande sold off two of its private jets (Gulfstream jets), in order to raise cash to avert a default on its US dollar debt. It is reported that the sales were closed in October, the same month that the firm made two overdue bond-coupon payments shortly before their 30-day grace period.

It is said that Evergrande is also seeking a buyer for another one of its aircraft (Airbus ACJ330), for which the firm paid more than $220 million for a few years ago.

Seems like it is a case of anything and everything will do for Evergrande, just to sell and make sure that it can keep up with its debt obligations.