{"id":122720,"date":"2021-10-21T08:43:05","date_gmt":"2021-10-21T01:43:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-cancels-us250-million-bond-repayment-plan-on-liquidity-issues\/"},"modified":"2021-10-21T10:03:06","modified_gmt":"2021-10-21T03:03:06","slug":"evergrande-crisis-developer-modern-land-china-cancels-us250-million-bond-repayment-plan-on-liquidity-issues","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-cancels-us250-million-bond-repayment-plan-on-liquidity-issues\/","title":{"rendered":"Evergrande crisis: developer Modern Land (China) cancels US$250 million bond repayment plan on liquidity issues"},"content":{"rendered":"


\nChina\u2019s property market has taken another turn for the worse as developer Modern Land (China) has cancelled its plan to repay a portion of a US$250 million junk bond and extend it just days before it was set to mature, joining China Evergrande Group and other peers in a financial mess.The Beijing-based builder scrapped a solicitation process related to a 12.85 per cent US$250 million bond due on October 25, citing liquidity issues and saying the exercise \u201cwould not be in the best interest of\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande crisis: developer Modern Land (China) cancels US0 million bond repayment plan on liquidity issues<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s property market has taken another turn for the worse as developer Modern Land (China)...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122720","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vVm","jetpack-related-posts":[{"id":128490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-cancels-land-deal-for-us818-million-refund-to-overcome-liquidity-crisis-end-grandiose-football-stadium-plan\/","url_meta":{"origin":122720,"position":0},"title":"China Evergrande cancels land deal for US$818 million refund to overcome liquidity crisis, end grandiose football stadium plan","date":"August 5, 2022","format":false,"excerpt":"\r Distressed developer seeks a refund from the local government by surrendering land-use rights in Guangzhou, ending a plan to build a football stadium larger than Camp Nou in Barcelona.\r \r Source : South China Morning Post\r Read more...China Evergrande cancels land deal for US8 million refund to overcome liquidity\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-seeks-debt-extension-to-repay-us87-5-million-early\/","url_meta":{"origin":122720,"position":1},"title":"Evergrande crisis: developer Modern Land (China) seeks debt extension, to repay US$87.5 million early","date":"October 11, 2021","format":false,"excerpt":"\r Property developer Modern Land (China) on Monday asked its debt holders for a three-month extension on a US$250 million bond set to come due later this month to avoid a potential default, as concerns continue to swirl around the embattled China Evergrande Group and the Chinese property sector\u2019s debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-eyes-on-china-evergrande-kaisa-as-indebted-mainland-developers-face-bond-repayment-deadlines\/","url_meta":{"origin":122720,"position":2},"title":"All eyes on China Evergrande, Kaisa as indebted mainland developers face bond repayment deadlines","date":"December 6, 2021","format":false,"excerpt":"\r All eyes are once again on embattled Chinese developers, as they face bond repayment deadlines on Tuesday.Investors will be closely watching if China Evergrande Group, the mainland\u2019s most indebted developer, will officially default on its public debt for the first time and whether it will be joined by another\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hits-another-high-on-aggressive-debt-repayment\/","url_meta":{"origin":122720,"position":3},"title":"Evergrande hits another high on aggressive debt repayment","date":"June 6, 2017","format":false,"excerpt":"\r China Evergrande Group shares hit another all-time high on Tuesday as the developer vows to repay all of its perpetual bond by the end of June. Prices once surged by as much as 9 per cent in early trading in Hong Kong to touch HK$17.36, but tapered off at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-shares-jump-after-developer-raises-2-2bn\/","url_meta":{"origin":122720,"position":4},"title":"China Evergrande shares jump after developer raises $2.2bn","date":"November 2, 2020","format":false,"excerpt":"\r Move helps ease investor concerns over liquidity at world\u2019s most indebted property group\r \r Source : ft.com\r Read more...China Evergrande shares jump after developer raises .2bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-could-it-be-the-end-of-the-road-for-the-worlds-most-indebted-property-developer-as-us37-billion-bill-comes-due\/","url_meta":{"origin":122720,"position":5},"title":"Evergrande: Could it be the end of the road for the world\u2019s most indebted property developer, as US$37 billion bill comes due?","date":"October 2, 2021","format":false,"excerpt":"\r The second of a three-part series on China Evergrande Group takes a deep dive into the property developer\u2019s total debt to see whether it can escape its liquidity crisis through property and asset sales.China Evergrande Group, the world\u2019s most indebted property developer, is facing a final notice after engaging\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122720"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122720"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122720\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}