{"id":127683,"date":"2022-07-12T15:45:16","date_gmt":"2022-07-12T08:45:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-buys-up-to-four-years-of-breathing-room-as-creditors-give-go-ahead-for-developer-to-group-10-offshore-bonds-into-three-amortised-notes\/"},"modified":"2022-07-12T16:20:25","modified_gmt":"2022-07-12T09:20:25","slug":"rf-buys-up-to-four-years-of-breathing-room-as-creditors-give-go-ahead-for-developer-to-group-10-offshore-bonds-into-three-amortised-notes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-buys-up-to-four-years-of-breathing-room-as-creditors-give-go-ahead-for-developer-to-group-10-offshore-bonds-into-three-amortised-notes\/","title":{"rendered":"R&F buys up to four years of breathing room as creditors give go-ahead for developer to group 10 offshore bonds into three amortised notes"},"content":{"rendered":"


\nThe workout, arranged by a syndicate of banks led by JPMorgan Chase & Co., is good news for China\u2019s beleaguered developers as they struggle to raise cash to repay US$84 billion of debt due this year alone.
\n
\nSource : South China Morning Post
\nRead more…R&F buys up to four years of breathing room as creditors give go-ahead for developer to group 10 offshore bonds into three amortised notes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The workout, arranged by a syndicate of banks led by JPMorgan Chase & Co., is...<\/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-127683","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-xdp","jetpack-related-posts":[{"id":122806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-work-resumes-on-10-projects-as-developer-restores-calm-buys-time-to-repay-more-creditors\/","url_meta":{"origin":127683,"position":0},"title":"Evergrande crisis: work resumes on 10 projects as developer restores calm, buys time to repay more creditors","date":"October 25, 2021","format":false,"excerpt":"\r China Evergrande said it has restarted work on more than 10 projects across six mainland cities, trying to portray some semblance of stability in its operations soon after averting a potentially calamitous default on its offshore debt.The developer, saddled with 1.97 trillion yuan (US$305 billion) of liabilities, identified the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-aoyuan-seeks-creditors-approval-for-us4-2-billion-offshore-debt-plan-as-delisting-warning-looms\/","url_meta":{"origin":127683,"position":1},"title":"Developer China Aoyuan seeks creditors\u2019 approval for US$4.2 billion offshore-debt plan as delisting warning looms","date":"July 3, 2023","format":false,"excerpt":"\r The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.\r \r Source : South China Morning Post\r Read more...Developer China Aoyuan seeks creditors\u2019 approval for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-three-red-lines-policy-is-about-to-crush-another-developer-as-yuzhou-group-seeks-to-swap-bonds-delay-coupon-and-weaken-debt-covenants\/","url_meta":{"origin":127683,"position":2},"title":"China\u2019s \u2018three red lines\u2019 policy is about to crush another developer as Yuzhou Group seeks to swap bonds, delay coupon and weaken debt covenants","date":"January 13, 2022","format":false,"excerpt":"\r China\u2019s crushing \u201cthree red lines\u201d policy against home developers continues to claim new victims as Yuzhou Group turned to creditors for forbearance on more than US$5 billion of debt from years of unrestrained offshore borrowing.The group is offering sweeteners to bondholders to delay repayment by a year on two\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":127683,"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":8386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-debt-restructuring-plan-gains-support-from-over-80-per-cent-of-overseas-creditors\/","url_meta":{"origin":127683,"position":4},"title":"Kaisa\u2019s debt restructuring plan gains support from over 80 per cent of overseas creditors","date":"March 18, 2016","format":false,"excerpt":"\r Troubled Chinese developer Kaisa Group, which has been struggling to restructure its debt after defaulting on US dollar bonds, said it has won support from investors representing more than 80 per cent of its offshore debt claims.\r \r Source : South China Morning Post\r Read more...Kaisa\u2019s debt restructuring plan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show\/","url_meta":{"origin":127683,"position":5},"title":"Evergrande\u2019s top insider sold all his dollar bonds before Chinese developer defaulted on offshore debt last year, new filings show","date":"February 10, 2022","format":false,"excerpt":"\r China Evergrande\u2019s top insider sold his holding of dollar-denominated bonds issued by the developer in a series of transactions in August last year, before its liquidity crisis worsened and led to a debt default.Xia Haijun, vice-chairman and chief executive of the Shenzhen-based developer, sold US$50 million in face value\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\/127683"}],"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=127683"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}