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 ...

New World Development has been in talks with lenders to complete a HK$87.5 billion ($11.2 billion) refinancing deal, Bloomberg reported on June 13, citing documentation for the potential borrowing.

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 property group, New World Development, has asked banks to refinance HK$87.5 billion ($11.2 billion) of its loans by the end of June, Bloomberg reported on May 21, citing unnamed people ...

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 ...

New World Development is a leading property developer in Hong Kong and mainland China under the Cheng family, with property development and investment as core businesses. As NWD aims to raise the ...

New World Development (OTCPK:NDVLY), a prominent Hong Kong property developer under financial strain, faces a pivotal moment Monday as a $5.05 million interest payment comes due on a dollar- ...