{"id":136023,"date":"2023-04-21T10:22:41","date_gmt":"2023-04-21T03:22:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-sunac-gets-more-creditors-on-board-with-us9-billion-offshore-debt-restructuring-plan\/"},"modified":"2023-04-21T10:24:56","modified_gmt":"2023-04-21T03:24:56","slug":"embattled-chinese-developer-sunac-gets-more-creditors-on-board-with-us9-billion-offshore-debt-restructuring-plan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-sunac-gets-more-creditors-on-board-with-us9-billion-offshore-debt-restructuring-plan\/","title":{"rendered":"Embattled Chinese developer Sunac gets more creditors on board with US$9 billion offshore debt restructuring plan"},"content":{"rendered":"


\nThe 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.
\n
\nSource : South China Morning Post
\nRead more…Embattled Chinese developer Sunac gets more creditors on board with US billion offshore debt restructuring plan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The debt-laden Chinese developer said creditors representing 75 per cent of its US$9.1 billion offshore...<\/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-136023","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-znV","jetpack-related-posts":[{"id":143203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-shimao-seeks-offshore-investors-approval-to-restructure-us11-7-billion-debt\/","url_meta":{"origin":136023,"position":0},"title":"Embattled Chinese developer Shimao seeks offshore investors\u2019 approval to restructure US$11.7 billion debt","date":"March 25, 2024","format":false,"excerpt":"\r The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according to a filing made to the Hong Kong stock exchange late on Monday, as part of its latest efforts to avoid liquidation.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Shimao seeks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-unveils-sweetened-restructuring-offer-for-us9-1-billion-in-offshore-debt-in-latest-move-by-a-developer\/","url_meta":{"origin":136023,"position":1},"title":"Sunac China unveils sweetened restructuring offer for US$9.1 billion in offshore debt in latest move by a developer","date":"March 28, 2023","format":false,"excerpt":"\r Sunac China\u2019s sweetened proposal for US$9.1 billion in offshore debt follows a similar offer by China Evergrande last week, as developers take advantage of improving sentiment.\r \r Source : South China Morning Post\r Read more...Sunac China unveils sweetened restructuring offer for US.1 billion in offshore debt in latest move\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":136023,"position":2},"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":[]},{"id":166592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-country-garden-gains-hong-kong-court-backed-debt-lifeline\/","url_meta":{"origin":136023,"position":3},"title":"Chinese developer Country Garden gains Hong Kong court-backed debt lifeline","date":"December 5, 2025","format":false,"excerpt":"\r Country Garden Holdings has cleared a major hurdle this week after securing approval for both its onshore and offshore restructuring plans, offering the embattled developer a lifeline amid mainland China\u2019s property downturn. Sources said the Hong Kong High Court on Thursday endorsed a proposal allowing the indebted developer, once\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":136023,"position":4},"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":140896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/distressed-chinese-developer-cifi-offers-up-new-proposal-hoping-to-slash-us7-billion-offshore-debt-by-half\/","url_meta":{"origin":136023,"position":5},"title":"Distressed Chinese developer CIFI offers up new proposal hoping to slash US$7 billion offshore debt by half","date":"January 3, 2024","format":false,"excerpt":"\r Embattled CIFI Holdings put forward a revamped proposal that offers creditors maturity extensions with different haircut levels or partial equitisation.\r \r Source : South China Morning Post\r Read more...Distressed Chinese developer CIFI offers up new proposal hoping to slash US billion offshore debt by half","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\/136023"}],"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=136023"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136023\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}