{"id":123637,"date":"2021-12-06T09:09:52","date_gmt":"2021-12-06T02:09:52","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/repeat-chinese-defaulter-sunshine-100-misses-payment-on-us179-million-of-debt-and-interest\/"},"modified":"2021-12-06T10:03:17","modified_gmt":"2021-12-06T03:03:17","slug":"repeat-chinese-defaulter-sunshine-100-misses-payment-on-us179-million-of-debt-and-interest","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/repeat-chinese-defaulter-sunshine-100-misses-payment-on-us179-million-of-debt-and-interest\/","title":{"rendered":"Repeat Chinese defaulter Sunshine 100 misses payment on US$179 million of debt and interest"},"content":{"rendered":"


\nChinese developer and repeat defaulter Sunshine 100 China Holdings has missed payment on US$179 million of debt and interest payments due Sunday, as higher borrowing costs hit indebted companies across the sector.Sunshine 100 said in a filing that it won\u2019t be able to repay the US$170 million of principal and more than US$8.9 million of interest on its 10.5 per cent senior notes due 2021.The company said in August that it wasn\u2019t able to repay the principal, premium and accrued interest of its\u2026
\n
\nSource : South China Morning Post
\nRead more…Repeat Chinese defaulter Sunshine 100 misses payment on US9 million of debt and interest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese developer and repeat defaulter Sunshine 100 China Holdings has missed payment on US$179 million...<\/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-123637","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-wa9","jetpack-related-posts":[{"id":146562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bondholders-urge-chinese-defaulter-sino-ocean-to-rejig-us6-billion-debt-plan-after-slamming-big-haircuts-weak-recovery-rates\/","url_meta":{"origin":123637,"position":0},"title":"Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates","date":"August 2, 2024","format":false,"excerpt":"\r Some bondholders demand a rejig in the defaulted Chinese developer\u2019s US$6 billion debt restructuring plan to provide creditors with higher recovery rates.\r \r Source : South China Morning Post\r Read more...Bondholders urge Chinese defaulter Sino-Ocean to rejig US billion debt plan after slamming big haircuts, weak recovery rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-wealthy-families-funds-among-likely-bidders-in-distress-sale-of-defaulter-golden-wheels-retail-building-in-tin-hau\/","url_meta":{"origin":123637,"position":1},"title":"Hong Kong wealthy families, funds among likely bidders in distress sale of defaulter Golden Wheel\u2019s retail building in Tin Hau","date":"September 8, 2023","format":false,"excerpt":"\r Hong Kong\u2019s property market remains stressed with the potential distress sale of a retail building in Tin Hau providing further evidence of the weak demand in the sector.\r \r Source : South China Morning Post\r Read more...Hong Kong wealthy families, funds among likely bidders in distress sale of defaulter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alarm-at-rush-to-bankrupt-council-tax-debtors\/","url_meta":{"origin":123637,"position":2},"title":"Alarm at rush to bankrupt council tax debtors","date":"February 10, 2008","format":false,"excerpt":"\r Councils are getting tough over arrears of little as \u00a31,200 - because they're worried about yearly performance targets. Jamie Elliott reportsLocal authorities are rushing to make people bankrupt and repossessing homes for non-payment of small amounts of council tax in a bid to meet government targets. According to Citizens\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-said-to-pay-two-coupons-as-chinese-builder-chips-away-at-us14-9-billion-near-term-debt-load\/","url_meta":{"origin":123637,"position":3},"title":"Country Garden said to pay two coupons as Chinese builder chips away at US$14.9 billion near-term debt load","date":"September 5, 2023","format":false,"excerpt":"\r The Chinese developer paid US$22.5 million in interest on two dollar bonds before the end of a 30-day grace period on September 6, according to sources. It separately sold new shares to help repay debt owed to a Hong Kong company.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists\/","url_meta":{"origin":123637,"position":4},"title":"Country Garden misses a bond payment, signals possible default on part of US$180 billion liabilities as China\u2019s housing slump persists","date":"October 10, 2023","format":false,"excerpt":"\r Chinese developer Country Garden is stumbling toward a full-blown debt reorganisation with creditors after missing a bond payment and warning of possible default on its offshore borrowings.\r \r Source : South China Morning Post\r Read more...Country Garden misses a bond payment, signals possible default on part of US0 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fantasias-shares-sink-after-developer-founded-by-former-chinese-vice-presidents-niece-defaults-on-bond-payment\/","url_meta":{"origin":123637,"position":5},"title":"Fantasia\u2019s shares sink after developer founded by former Chinese vice-president\u2019s niece defaults on bond payment","date":"November 10, 2021","format":false,"excerpt":"\r Shares of Fantasia Holdings Group plunged by nearly half to a record low on Wednesday, after the debt-laden Chinese developer defaulted on a US dollar bond, further warning there is no guarantee it could meet other financial obligations.The Hong Kong-listed developer said in a filing late on Tuesday that\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\/123637"}],"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=123637"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123637\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}