{"id":138994,"date":"2023-09-01T08:08:09","date_gmt":"2023-09-01T01:08:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-extends-bondholders-vote-in-last-ditched-effort-to-avert-default\/"},"modified":"2023-09-01T08:11:02","modified_gmt":"2023-09-01T01:11:02","slug":"country-garden-extends-bondholders-vote-in-last-ditched-effort-to-avert-default","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-extends-bondholders-vote-in-last-ditched-effort-to-avert-default\/","title":{"rendered":"Country Garden extends bondholders\u2019 vote in last-ditched effort to avert default"},"content":{"rendered":"


\nMoody\u2019s said it expects the offshore bondholders\u2019 recovery prospects to be low if the company defaults, given its high debt leverage and \u2018large amount of financing at the operating subsidiary level\u2019.
\n
\nSource : South China Morning Post
\nRead more…Country Garden extends bondholders\u2019 vote in last-ditched effort to avert default<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Moody\u2019s said it expects the offshore bondholders\u2019 recovery prospects to be low if the company...<\/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-138994","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-A9Q","jetpack-related-posts":[{"id":124237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-buys-six-months-of-breathing-room-as-bondholders-approved-its-plea-to-defer-payments-to-avert-defaulting-on-an-onshore-bond\/","url_meta":{"origin":138994,"position":0},"title":"Evergrande buys six months of breathing room as bondholders approved its plea to defer payments to avert defaulting on an onshore bond","date":"January 14, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s bondholders approved its plea to defer paying on a yuan-denominated bond, giving the world\u2019s most indebted property developer breathing room to pare its debt and avert its first default on anonshore financial instrument.Investors holding more than 72.3 per cent of the principal of a 4.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk\/","url_meta":{"origin":138994,"position":1},"title":"Vanke\u2019s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk","date":"December 14, 2025","format":false,"excerpt":"\r China Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing showed, increasing the risk of default for the developer and renewing concerns about the crisis-hit property sector. The setback for state-backed Vanke, one of China\u2019s highest-profile developers with projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-bondholders-reject-company-offer-aimed-at-avoiding-default\/","url_meta":{"origin":138994,"position":2},"title":"Kaisa bondholders reject company offer aimed at avoiding default","date":"November 30, 2021","format":false,"excerpt":"\r Indebted Chinese developer seeks to extend maturity of debt as payment looms next week\r \r Source : ft.com\r Read more...Kaisa bondholders reject company offer aimed at avoiding default","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-bondholders-left-in-the-dark-as-crucial-deadline-approaches\/","url_meta":{"origin":138994,"position":3},"title":"Evergrande bondholders left in the dark as crucial deadline approaches","date":"September 24, 2021","format":false,"excerpt":"\r Indebted Chinese property developer faces imminent default on $84m offshore coupon payment\r \r Source : ft.com\r Read more...Evergrande bondholders left in the dark as crucial deadline approaches","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-to-meet-local-bondholders-seek-delay-of-payments-that-they-can-demand-as-early-as-saturday\/","url_meta":{"origin":138994,"position":4},"title":"China Evergrande to meet local bondholders, seek delay of payments that they can demand as early as Saturday","date":"January 5, 2022","format":false,"excerpt":"\r Heavily indebted developer China Evergrande Group will ask its local bondholders to delay an option where they can demand an early repayment of the firm\u2019s yuan-denominated notes.Hengda Real Estate, China Evergrande\u2019s mainland Chinese unit, said it will hold an online meeting with bondholders between January 7 and 10 to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhenro-properties-seeks-waivers-from-bondholders-claims-ahead-of-us200-million-note-redemption-day\/","url_meta":{"origin":138994,"position":5},"title":"Zhenro Properties seeks waivers from bondholders\u2019 claims ahead of US$200 million note redemption day","date":"February 19, 2022","format":false,"excerpt":"\r Zhenro 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\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\/138994"}],"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=138994"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138994\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}