The person, who spoke on condition of anonymity to discuss the matter, said the company on Wednesday met the deadline for paying interest on the bonds maturing in 2022 and 2023.
It was not immediately clear whether it had paid the third bond, which matures in 2024, or whether all investors in the other two bonds had received the payment.
The company did not respond to a request for comment.
Although Evergrande has managed to avoid default so far, its problems are already starting to affect other Chinese developers, with the government tightening controls on borrowing and investors pulling back from the sector.
At least six Chinese real estate developers have defaulted on foreign bonds in recent weeks, shaking domestic financial markets and raising the borrowing cost for all Chinese companies. Real estate prices are slowing down and fewer people are buying apartments, which is worsening the outlook for real estate.
Evergrande’s challenges can spread outside of China as well, as it spreads across the global financial markets. On Monday, the Federal Reserve said that problems in China’s real estate sector could threaten the United States.
“Given the size of China’s economy and financial system as well as its extensive trading links with the rest of the world, financial stresses in China can strain global financial markets by worsening risk sentiment, pose risks to global economic growth, and affect the United States,” the Fed said in a statement. It is updated twice a year on the US financial system.
Alexandra StephensonContribute to the preparation of reports.