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New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people ...
New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion refinancing deal in June, according to people familiar with the matter.
New World Development Co.’s dollar bonds are poised to hit their highest levels this month as the company closes in on a crucial loan refinancing deal. The indebted Hong Kong builder’s bonds ...
As distressed Hong Kong builder New World Development Co. gathers more support from banks for its targeted HK$87.5 billion ($11.1 billion) loan refinancing, a key part of the terms shows that it ...
The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.
New World Development announced on May 30, 2025, the deferral of interest payments for four perpetual bonds originally due June 9-22. NWD previously shared that contracted sales for fiscal 2025 ...
HONG KONG, June 2 (Reuters) - New World Development (0017.HK), opens new tab, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon ...
Shares of Hong Kong property developer New World Development tumbled after it said late Friday that it plans to defer interest payments on four of its perpetual securities. Its shares fell 7.5% to ...
Hong Kong property developer New World Development said on Friday it would defer coupon payments scheduled for June on perpetual bonds, casting further liquidity concerns for the cash-strapped firm.
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