{"id":139073,"date":"2023-09-05T14:41:26","date_gmt":"2023-09-05T07:41:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-said-to-pay-two-coupons-as-chinese-builder-chips-away-at-us14-9-billion-near-term-debt-load\/"},"modified":"2023-09-05T14:44:33","modified_gmt":"2023-09-05T07:44:33","slug":"country-garden-said-to-pay-two-coupons-as-chinese-builder-chips-away-at-us14-9-billion-near-term-debt-load","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-said-to-pay-two-coupons-as-chinese-builder-chips-away-at-us14-9-billion-near-term-debt-load\/","title":{"rendered":"Country Garden said to pay two coupons as Chinese builder chips away at US$14.9 billion near-term debt load"},"content":{"rendered":"


\nThe Chinese developer paid US$22.5 million in interest on two dollar bonds before the end of a 30-day grace period on September 6, according to sources. It separately sold new shares to help repay debt owed to a Hong Kong company.
\n
\nSource : South China Morning Post
\nRead more…Country Garden said to pay two coupons as Chinese builder chips away at US.9 billion near-term debt load<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Chinese developer paid US$22.5 million in interest on two dollar bonds before the end...<\/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-139073","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-Ab7","jetpack-related-posts":[{"id":146809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-yuzhou-seeks-debt-restructuring-recognition-in-us\/","url_meta":{"origin":139073,"position":0},"title":"Chinese builder Yuzhou seeks debt restructuring recognition in US","date":"August 25, 2024","format":false,"excerpt":"\r Move aims to ward off litigation as indebted developer goes through restructuring in Hong Kong and the Cayman Islands.\r \r Source : South China Morning Post\r Read more...Chinese builder Yuzhou seeks debt restructuring recognition in US","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-redsun-properties-faces-winding-up-threat-in-hong-kong-as-debt-crisis-goes-from-bad-to-worse\/","url_meta":{"origin":139073,"position":1},"title":"Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse","date":"February 16, 2024","format":false,"excerpt":"\r The debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China\u2019s housing market struggles to overcome a three-year slump.\r \r Source : South China Morning Post\r Read more...Chinese builder Redsun Properties faces winding-up threat in\u2026","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":139073,"position":2},"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":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":139073,"position":3},"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":105223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tahoe-chinese-developer-at-biggest-risk-of-default-tries-to-offload-a-dozen-projects-to-ease-liquidity-stress\/","url_meta":{"origin":139073,"position":4},"title":"Tahoe, Chinese developer at biggest risk of default, tries to offload a dozen projects to ease liquidity stress","date":"March 21, 2019","format":false,"excerpt":"\r Chinese developer Tahoe Group is seeking to offload a dozen projects that it bought for at least 40 billion yuan (US$5.97 billion) in the past two years, according to sources familiar with the matter.It is the latest builder to resort to asset sales to raise cash in the face\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125747,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-ridden-developer-kaisas-bonds-edge-up-after-firm-says-it-has-signed-joint-venture-agreement-with-state-owned-builder-bad-asset-manager\/","url_meta":{"origin":139073,"position":5},"title":"Debt-ridden developer Kaisa\u2019s bonds edge up after firm says it has signed joint venture agreement with state-owned builder, bad asset manager","date":"April 6, 2022","format":false,"excerpt":"\r Bonds of embattled Chinese property developer Kaisa Group Holdings edged up on Wednesday after the company said it had entered into a strategic partnership with a state-owned developer and a major bad asset manager.\r \r Source : South China Morning Post\r Read more...Debt-ridden developer Kaisa\u2019s bonds edge up after\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\/139073"}],"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=139073"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}