{"id":124626,"date":"2022-02-19T13:00:30","date_gmt":"2022-02-19T06:00:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhenro-properties-seeks-waivers-from-bondholders-claims-ahead-of-us200-million-note-redemption-day\/"},"modified":"2022-02-19T15:04:13","modified_gmt":"2022-02-19T08:04:13","slug":"zhenro-properties-seeks-waivers-from-bondholders-claims-ahead-of-us200-million-note-redemption-day","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhenro-properties-seeks-waivers-from-bondholders-claims-ahead-of-us200-million-note-redemption-day\/","title":{"rendered":"Zhenro Properties seeks waivers from bondholders\u2019 claims ahead of US$200 million note redemption day"},"content":{"rendered":"


\nZhenro Properties has asked holders of its US$200 million perpetual note to forgive any potential default that could arise from its failure to redeem the securities due in March, citing short-term funding issues amid a market downturn.The Shanghai-based developer said the lack of capital market funding and bank loans to property developers since the second half of last year have caused liquidity pressure that could make it unable to redeem the notes due on March 5, according to a filing to the\u2026
\n
\nSource : South China Morning Post
\nRead more…Zhenro Properties seeks waivers from bondholders\u2019 claims ahead of US0 million note redemption day<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Zhenro Properties has asked holders of its US$200 million perpetual note to forgive any potential...<\/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-124626","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-wq6","jetpack-related-posts":[{"id":124543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-zhenros-shares-and-bonds-plummet-on-redemption-speculation\/","url_meta":{"origin":124626,"position":0},"title":"Chinese property developer Zhenro\u2019s shares and bonds plummet on redemption speculation","date":"February 11, 2022","format":false,"excerpt":"\r Shares and bonds of Chinese developer Zhenro Properties Group slumped amid speculation that the company does not plan to redeem a US$200 million bond next month.The Shanghai-based developer told investors late on Thursday that its plan to call the bond remain unchanged, sources told the Post, refuting rumours which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-distressed-exchanges-default-waivers-build-as-chinese-developers-wonder-wheres-the-policy-stimulus\/","url_meta":{"origin":124626,"position":1},"title":"Evergrande crisis: distressed exchanges, default waivers build as Chinese developers wonder, where\u2019s the policy stimulus?","date":"February 25, 2022","format":false,"excerpt":"\r The number of Chinese developers seeking debt forbearance from offshore creditors is expanding as Zhenro Properties and Jingrui Properties highlighted an ongoing credit crunch amid the worst industry slowdown in a decade.The two developers this week sought to delay repayments on dollar-denominated bonds worth US$1.2 billion maturing this year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-junk-bonds-zhenro-shock-warning-shakes-ratings-credibility\/","url_meta":{"origin":124626,"position":2},"title":"China junk bonds\/Zhenro: shock warning shakes ratings\u2019 credibility","date":"February 21, 2022","format":false,"excerpt":"\r Developers\u2019 woes will make refinancings harder, and more defaults should be expected\r \r Source : ft.com\r Read more...China junk bonds\/Zhenro: shock warning shakes ratings\u2019 credibility","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/founder-of-chinese-developer-zhenro-faces-action-on-suspected-illegal-activities\/","url_meta":{"origin":124626,"position":3},"title":"Founder of Chinese developer Zhenro faces action on \u2018suspected illegal activities\u2019","date":"January 21, 2025","format":false,"excerpt":"\r Ou Zongrong placed under legal compulsory measures after restructuring support agreement expired, according to holding company.\r \r Source : South China Morning Post\r Read more...Founder of Chinese developer Zhenro faces action on \u2018suspected illegal activities\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":124626,"position":4},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-zhenro-asks-to-delay-restructuring-amid-strained-conditions-ping-an-units-lawsuit-threat\/","url_meta":{"origin":124626,"position":5},"title":"Indebted Chinese developer Zhenro asks to delay restructuring amid \u2018strained\u2019 conditions, Ping An unit\u2019s lawsuit threat","date":"April 12, 2024","format":false,"excerpt":"\r Shanghai-based developer, facing 61.86 billion yuan (US$8.5 billion) in debts, says it needs more time to consider restructuring plan amid slumping sales and slow asset disposal as the property market crisis grinds on.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Zhenro asks to delay restructuring\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\/124626"}],"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=124626"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}