{"id":123831,"date":"2021-12-16T07:30:18","date_gmt":"2021-12-16T00:30:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-desperate-offshore-bondholders-offer-to-buy-us1-billion-worth-of-its-onshore-loans-in-latest-bid-to-rescue-embattled-developer\/"},"modified":"2021-12-16T08:16:59","modified_gmt":"2021-12-16T01:16:59","slug":"kaisas-desperate-offshore-bondholders-offer-to-buy-us1-billion-worth-of-its-onshore-loans-in-latest-bid-to-rescue-embattled-developer","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-desperate-offshore-bondholders-offer-to-buy-us1-billion-worth-of-its-onshore-loans-in-latest-bid-to-rescue-embattled-developer\/","title":{"rendered":"Kaisa\u2019s desperate offshore bondholders offer to buy US$1 billion worth of its onshore loans in latest bid to rescue embattled developer"},"content":{"rendered":"


\nThe desperate offshore bondholders of embattled Chinese developer Kaisa Group Holdings have offered to buy up to a US$1 billion worth of its onshore non-performing loans in the hope of bailing it out.New Money Consortium, a group of eight institutions holding more than US$2.5 billion worth of Kaisa\u2019s US dollar bonds, has offered the new solution to the cash-strapped developer while waiting for it to disclose more details of its financial position, sources close to the matter told the Post.The\u2026
\n
\nSource : South China Morning Post
\nRead more…Kaisa\u2019s desperate offshore bondholders offer to buy US billion worth of its onshore loans in latest bid to rescue embattled developer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The desperate offshore bondholders of embattled Chinese developer Kaisa Group Holdings have offered to buy...<\/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-123831","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-wdh","jetpack-related-posts":[{"id":14044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-debt-restructuring-passes-critical-stage\/","url_meta":{"origin":123831,"position":0},"title":"Kaisa\u2019s debt restructuring passes critical stage","date":"May 23, 2016","format":false,"excerpt":"\r Kaisa Group, the Shenzhen-based property developer which defaulted on its US dollar-denominated bonds, has reached a milestone in its yearlong debt restructuring negotiations after a plan was formally approved by bondholders.\r \r Source : South China Morning Post\r Read more...Kaisa\u2019s debt restructuring passes critical stage","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145433,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-court-pushes-kaisas-liquidation-case-to-august-12-giving-developer-a-breather\/","url_meta":{"origin":123831,"position":1},"title":"Hong Kong court pushes Kaisa\u2019s liquidation case to August 12, giving developer a breather","date":"June 24, 2024","format":false,"excerpt":"\r The Shenzhen-based company had tried to restructure its debt for more than two years since it defaulted US$12 billion of offshore debts late 2021.\r \r Source : South China Morning Post\r Read more...Hong Kong court pushes Kaisa\u2019s liquidation case to August 12, giving developer a breather","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-to-meet-offshore-bondholders-over-repayment-options-including-notes-that-can-be-swapped-with-sing-tao-stock\/","url_meta":{"origin":123831,"position":2},"title":"Kaisa to meet offshore bondholders over repayment options, including notes that can be swapped with Sing Tao stock","date":"December 2, 2021","format":false,"excerpt":"\r Embattled Chinese developer Kaisa Group Holdings has agreed to meet its offshore bondholders and discuss ways of repaying loans, including selling convertible bonds that can be exchanged for shares of Hong Kong\u2019s Sing Tao News Corporation.The Shenzhen-based developer will meet New Money Consortium, a group of bondholders, after they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125747,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-ridden-developer-kaisas-bonds-edge-up-after-firm-says-it-has-signed-joint-venture-agreement-with-state-owned-builder-bad-asset-manager\/","url_meta":{"origin":123831,"position":3},"title":"Debt-ridden developer Kaisa\u2019s bonds edge up after firm says it has signed joint venture agreement with state-owned builder, bad asset manager","date":"April 6, 2022","format":false,"excerpt":"\r Bonds of embattled Chinese property developer Kaisa Group Holdings edged up on Wednesday after the company said it had entered into a strategic partnership with a state-owned developer and a major bad asset manager.\r \r Source : South China Morning Post\r Read more...Debt-ridden developer Kaisa\u2019s bonds edge up after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-offshore-bondholders-face-near-wipeout-in-barclays-worst-case-scenario\/","url_meta":{"origin":123831,"position":4},"title":"China Vanke offshore bondholders face near wipeout in Barclays worst-case scenario","date":"January 8, 2026","format":false,"excerpt":"\r Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China\u2019s property sector. In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-buys-six-months-of-breathing-room-as-bondholders-approved-its-plea-to-defer-payments-to-avert-defaulting-on-an-onshore-bond\/","url_meta":{"origin":123831,"position":5},"title":"Evergrande buys six months of breathing room as bondholders approved its plea to defer payments to avert defaulting on an onshore bond","date":"January 14, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s bondholders approved its plea to defer paying on a yuan-denominated bond, giving the world\u2019s most indebted property developer breathing room to pare its debt and avert its first default on anonshore financial instrument.Investors holding more than 72.3 per cent of the principal of a 4.5 billion\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\/123831"}],"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=123831"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123831\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}