Property News · July 25, 2023

Chinese developer Sino-Ocean seeks 12-month reprieve to repay US$280 million bond amid liquidity squeeze, maturity wall


Chinese developer Sino-Ocean has proposed to roll over a bond by 12 months as it struggles with a liquidity squeeze. Bondholders have demanded a full repayment when due on August 2.

Source : South China Morning Post
Read more…Chinese developer Sino-Ocean seeks 12-month reprieve to repay US0 million bond amid liquidity squeeze, maturity wall