{"id":122849,"date":"2021-10-27T13:05:51","date_gmt":"2021-10-27T06:05:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-offshore-bonds-watchdog-promises-easier-funds-transfer-for-developers-to-pay-their-debt-after-giving-them-a-tongue-lashing\/"},"modified":"2021-10-27T14:04:21","modified_gmt":"2021-10-27T07:04:21","slug":"chinas-offshore-bonds-watchdog-promises-easier-funds-transfer-for-developers-to-pay-their-debt-after-giving-them-a-tongue-lashing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-offshore-bonds-watchdog-promises-easier-funds-transfer-for-developers-to-pay-their-debt-after-giving-them-a-tongue-lashing\/","title":{"rendered":"China\u2019s offshore bonds watchdog promises easier funds transfer for developers to pay their debt after giving them a tongue lashing"},"content":{"rendered":"


\nChina\u2019s overseer of offshore bonds has swung into action, promising easier access to foreign exchange to enable the borrowers of overseas debt to fulfil their obligations, as a string of missed payments turns the final quarter of 2021 into another record period of defaults.In a meeting with several of the biggest offshore bond issuers,the National Development and Reform Commission (NDRC) said it would smooth the way to meet borrowers\u2019 \u201creasonable needs\u201d in debt swaps, registering dollar bonds\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s offshore bonds watchdog promises easier funds transfer for developers to pay their debt after giving them a tongue lashing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s overseer of offshore bonds has swung into action, promising easier access to foreign exchange...<\/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-122849","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-vXr","jetpack-related-posts":[{"id":126355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-lgfv-bonds-to-top-offshore-dollar-debt-issuers-in-2022-as-market-grows-tired-of-defaults-and-delayed-payments-by-developers\/","url_meta":{"origin":122849,"position":0},"title":"China\u2019s LGFV bonds to top offshore dollar debt issuers in 2022 as market grows tired of defaults and delayed payments by developers","date":"May 9, 2022","format":false,"excerpt":"\r The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real estate market and a record bout of defaults and missed payments deterred many global investors.\r \r Source : South China Morning Post\r Read more...China\u2019s LGFV bonds to top offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists\/","url_meta":{"origin":122849,"position":1},"title":"Sino-Ocean freezes payments on US$4 billion bonds, other offshore debt to pursue restructuring as China\u2019s housing slump persists","date":"September 15, 2023","format":false,"excerpt":"\r State-linked developer Sino-Ocean will stop servicing its offshore debt, including almost US$4 billion of bonds, to pursue a debt restructuring. This signals China\u2019s housing market is far from reversing a three-year slump.\r \r Source : South China Morning Post\r Read more...Sino-Ocean freezes payments on US billion bonds, other offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-debt-laden-guangzhou-rf-properties-seeks-extension-on-10-offshore-bonds-worth-us5-16-billion\/","url_meta":{"origin":122849,"position":2},"title":"China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore bonds worth US$5.16 billion","date":"June 17, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties is seeking investors\u2019 consent to extend the maturity dates of 10 of its offshore bonds worth US$5.16 billion due between now and 2024, to avoid defaults.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-developers-to-face-a-major-debt-refinancing-scramble-in-2018-rating-agencies-say\/","url_meta":{"origin":122849,"position":3},"title":"China\u2019s developers to face a major debt refinancing scramble in 2018, rating agencies say","date":"September 22, 2017","format":false,"excerpt":"\r China is set to experience a wave of maturing debt in 2018 as Chinese property developers set about a major refinancing cycle expected to last two years, according to credit rating agencies. Real estate companies will need to roll over US$10 billion of offshore bonds and US$35 billion in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-stocks-bonds-tumble-after-chinese-developer-misses-us22-5-million-coupon-payments-on-offshore-note\/","url_meta":{"origin":122849,"position":4},"title":"Country Garden\u2019s stocks, bonds tumble after Chinese developer misses US$22.5 million coupon payments on offshore note","date":"August 8, 2023","format":false,"excerpt":"\r Country Garden Holdings, one of China\u2019s biggest property developers by sales, tumbled in both the shares and bonds markets amid concerns about its debt problems after it missed two US dollar bond coupon payments on Tuesday.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s stocks, bonds tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-buys-up-to-four-years-of-breathing-room-as-creditors-give-go-ahead-for-developer-to-group-10-offshore-bonds-into-three-amortised-notes\/","url_meta":{"origin":122849,"position":5},"title":"R&F buys up to four years of breathing room as creditors give go-ahead for developer to group 10 offshore bonds into three amortised notes","date":"July 12, 2022","format":false,"excerpt":"\r The workout, arranged by a syndicate of banks led by JPMorgan Chase & Co., is good news for China\u2019s beleaguered developers as they struggle to raise cash to repay US$84 billion of debt due this year alone.\r \r Source : South China Morning Post\r Read more...R&F buys up to\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\/122849"}],"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=122849"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122849\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}