{"id":126972,"date":"2022-06-09T09:30:15","date_gmt":"2022-06-09T02:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-fourth-largest-developer-by-sales-to-delay-payment-of-us345-million-onshore-bond-due-on-monday-sources-say\/"},"modified":"2022-06-09T10:48:11","modified_gmt":"2022-06-09T03:48:11","slug":"sunac-chinas-fourth-largest-developer-by-sales-to-delay-payment-of-us345-million-onshore-bond-due-on-monday-sources-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-fourth-largest-developer-by-sales-to-delay-payment-of-us345-million-onshore-bond-due-on-monday-sources-say\/","title":{"rendered":"Sunac, China\u2019s fourth-largest developer by sales, to delay payment of US$345 million onshore bond due on Monday, sources say"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s fourth-largest developer by sales, Sunac plans to meet creditors this week and propose a delay in the payment of a 2.3 billion yuan (USS$345 million) bond due on next Monday.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3180955\/sunac-chinas-fourth-largest-developer-sales-delay-payment?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Sunac, China\u2019s fourth-largest developer by sales, to delay payment of US5 million onshore bond due on Monday, sources say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s fourth-largest developer by sales, Sunac plans to meet creditors this week and propose a&#46;&#46;&#46;<\/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-126972","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-x1W","jetpack-related-posts":[{"id":105731,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-fourth-largest-property-developer-recorded-highest-selling-price-among-big-five-companies-last-year\/","url_meta":{"origin":126972,"position":0},"title":"Sunac, China\u2019s fourth-largest property developer, recorded highest selling price among \u2018Big Five\u2019 companies last year","date":"April 3, 2019","format":false,"excerpt":"\r Sunac China, the country\u2019s fourth-largest property developer by sales, recorded the highest average selling price \u2013 15,200 yuan (US$2,264.9) per square metre \u2013 among China\u2019s \u201cBig Five\u201d developers last year.According to data by JPMorgan, Sunac, which focuses mainly on large cities, beat China Vanke, the country\u2019s second-largest developer by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-chinas-property-management-arm-seeks-at-least-us1-billion-in-hong-kong-ipo-say-sources\/","url_meta":{"origin":126972,"position":1},"title":"Mainland developer Sunac China\u2019s property management arm seeks at least US$1 billion in Hong Kong IPO, say sources","date":"October 30, 2020","format":false,"excerpt":"\r Sunac Services Holdings, the property management arm of the mainland\u2019s fourth-largest developer Sunac China Holdings, is looking to raise at least US$1 billion in a Hong Kong listing, joining a slew of companies who have launched IPOs recently, according to people familiar with the transaction.The company has already started\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sp-downgrades-sunac-chinas-credit-rating-ahead-of-looming-debt-repayment-deadlines\/","url_meta":{"origin":126972,"position":2},"title":"S&amp;P downgrades Sunac China\u2019s credit rating ahead of looming debt repayment deadlines","date":"March 24, 2022","format":false,"excerpt":"\r The woes of Chinese developers are far from over, with major companies hit by fallout from credit downgrades and their failure to report results on time, forcing many to seek extensions on debt deadlines.S&P Global Ratings said on Wednesday that it had withdrawn its B- long-term issuer credit rating\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-may-miss-instalment-payment-on-4-billion-yuan-bond-as-lockdowns-pile-pressure-on-beleaguered-chinese-developer\/","url_meta":{"origin":126972,"position":3},"title":"Sunac China may miss instalment payment on 4 billion yuan bond as lockdowns pile pressure on beleaguered Chinese developer","date":"June 25, 2022","format":false,"excerpt":"\r Sunac was supposed to repay 400 million yuan in a second instalment payment on the bond on June 30.\r \r Source : South China Morning Post\r Read more...Sunac China may miss instalment payment on 4 billion yuan bond as lockdowns pile pressure on beleaguered Chinese developer","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-unit-in-shaoxing-faces-liquidity-pressure-as-government-cooling-measure-stops-it-collecting-sales-revenues\/","url_meta":{"origin":126972,"position":4},"title":"Sunac China\u2019s unit in Shaoxing faces liquidity pressure as government cooling measure stops it collecting sales revenues","date":"September 27, 2021","format":false,"excerpt":"\r A local subsidiary of Sunac China Holdings, one of China\u2019s most heavily indebted property developers, has come under liquidity pressure, as it was prevented from collecting sales revenues by the government\u2019s market-cooling measures.Sunac\u2019s unit in the Zhejiang provincial city of Shaoxing has had to wait for local authorities to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-holdings-defaults-on-us741-6-million-bond-snared-by-three-red-lines-policy-and-sputtering-home-sales-amid-covid-19-outbreaks\/","url_meta":{"origin":126972,"position":5},"title":"Sunac China Holdings defaults on US$741.6 million bond, snared by \u2018three red lines\u2019 policy and sputtering home sales amid Covid-19 outbreaks","date":"May 12, 2022","format":false,"excerpt":"\r The company failed to make an interest payment and expects to miss payments on three additional notes, as it struggles to contend with a dramatic drop in sales and China\u2019s \u201cthree red lines\u201d policy.\r \r Source : South China Morning Post\r Read more...Sunac China Holdings defaults on US1.6 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126972"}],"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=126972"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126972\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}