Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian…
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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) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other…
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New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even…
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Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline,…
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Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of…
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New World Development plans to sweeten the terms of two loans it is seeking, using a prized asset that it…
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