{"id":126699,"date":"2022-05-14T15:07:33","date_gmt":"2022-05-14T08:07:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-pays-local-bondholders-after-defaulting-on-dollar-notes-showing-that-cash-goes-first-to-domestic-creditors\/"},"modified":"2022-05-14T15:38:49","modified_gmt":"2022-05-14T08:38:49","slug":"sunac-pays-local-bondholders-after-defaulting-on-dollar-notes-showing-that-cash-goes-first-to-domestic-creditors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-pays-local-bondholders-after-defaulting-on-dollar-notes-showing-that-cash-goes-first-to-domestic-creditors\/","title":{"rendered":"Sunac pays local bondholders after defaulting on dollar notes, showing that cash goes first to domestic creditors"},"content":{"rendered":"


\nThe payment comes a day after Sunac China defaulted on dollar debt, highlighting the growing divergence of the treatment of global investors versus their domestic peers as stress ripples through the real estate sector.
\n
\nSource : South China Morning Post
\nRead more…Sunac pays local bondholders after defaulting on dollar notes, showing that cash goes first to domestic creditors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The payment comes a day after Sunac China defaulted on dollar debt, highlighting the growing...<\/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-126699","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-wXx","jetpack-related-posts":[{"id":133571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-buys-more-time-as-domestic-bondholders-agree-to-us2-3-billion-debt-rollover-plan\/","url_meta":{"origin":126699,"position":0},"title":"Sunac China buys more time as domestic bondholders agree to US$2.3 billion debt rollover plan","date":"January 5, 2023","format":false,"excerpt":"\r Sunac is buying an additional 3.5 years to repay local bondholders, a reprieve that may allow the developer to see out the current industry slump as Beijing turns more supportive of the players.\r \r Source : South China Morning Post\r Read more...Sunac China buys more time as domestic bondholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-wins-hong-kong-court-approval-to-implement-us10-2-billion-debt-workout-with-creditors-in-boost-to-stock-prices\/","url_meta":{"origin":126699,"position":1},"title":"Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices","date":"October 5, 2023","format":false,"excerpt":"\r Sunac moved ahead of its troubled peers in fixing its financial crisis after a court in Hong Kong sanctioned its US$10.2 billion debt workout plan with more than 2,000 offshore creditors.\r \r Source : South China Morning Post\r Read more...Sunac China wins Hong Kong court approval to implement US.2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-sunac-applies-for-chapter-15-protection-in-us-after-creditors-give-go-ahead-to-restructuring-plan\/","url_meta":{"origin":126699,"position":2},"title":"Chinese property developer Sunac applies for Chapter 15 protection in US after creditors give go-ahead to restructuring plan","date":"September 19, 2023","format":false,"excerpt":"\r Property developer Sunac China Holdings has sought recognition for its restructuring and protection under Chapter 15 in the US, a court statement showed on Tuesday.\r \r Source : South China Morning Post\r Read more...Chinese property developer Sunac applies for Chapter 15 protection in US after creditors give go-ahead to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-sunac-gets-more-creditors-on-board-with-us9-billion-offshore-debt-restructuring-plan\/","url_meta":{"origin":126699,"position":3},"title":"Embattled Chinese developer Sunac gets more creditors on board with US$9 billion offshore debt restructuring plan","date":"April 21, 2023","format":false,"excerpt":"\r The debt-laden Chinese developer said creditors representing 75 per cent of its US$9.1 billion offshore debt have agreed to restructuring terms, an outcome \u2018everybody should be happy with\u2019, according to one analyst.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Sunac gets more creditors on board\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":126699,"position":4},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-sells-shenzhen-snow-park-project-to-state-owned-partner-to-tackle-us11-billion-debt-load\/","url_meta":{"origin":126699,"position":5},"title":"Sunac China sells Shenzhen snow park project to state-owned partner to tackle US$11 billion debt load","date":"January 4, 2023","format":false,"excerpt":"\r Sunac is rushing to sell more assets as the Chinese developer tackles US$11 billion of debt owed to offshore creditors.\r \r Source : South China Morning Post\r Read more...Sunac China sells Shenzhen snow park project to state-owned partner to tackle US billion debt load","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\/126699"}],"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=126699"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}