Heavily indebted New World Development (NWD) has launched exchange offers for US$1.9 billion of its outstanding perpetual securities and notes…
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New World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from…
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New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as…
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Two cash-strapped mainland Chinese developers have secured a private loan to refinance a US$1 billion facility using a luxury property…
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Cash-strapped Chinese builders Logan Group and KWG Group Holdings are close to signing a private loan to refinance a HK$10.2…
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