{"id":139146,"date":"2023-09-12T17:18:07","date_gmt":"2023-09-12T10:18:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-country-garden-gets-creditor-approval-to-delay-6-bond-repayments-by-3-years-as-debt-saddled-developer-breathes-again\/"},"modified":"2023-09-12T17:20:34","modified_gmt":"2023-09-12T10:20:34","slug":"china-property-crisis-country-garden-gets-creditor-approval-to-delay-6-bond-repayments-by-3-years-as-debt-saddled-developer-breathes-again","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-country-garden-gets-creditor-approval-to-delay-6-bond-repayments-by-3-years-as-debt-saddled-developer-breathes-again\/","title":{"rendered":"China property crisis: Country Garden gets creditor approval to delay 6 bond repayments by 3 years as debt-saddled developer breathes again"},"content":{"rendered":"


\nThe embattled Chinese developer has received enough support to extend the repayment deadlines for a slew of onshore bonds due in the coming months, giving it some much-needed breathing space after it narrowly avoided default a week ago.
\n
\nSource : South China Morning Post
\nRead more…China property crisis: Country Garden gets creditor approval to delay 6 bond repayments by 3 years as debt-saddled developer breathes again<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The embattled Chinese developer has received enough support to extend the repayment deadlines for a...<\/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-139146","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-Aci","jetpack-related-posts":[{"id":124409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/","url_meta":{"origin":139146,"position":0},"title":"China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long","date":"January 30, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral to restructure part of the company\u2019s massive debt \u2013 was recently seized by creditor Oaktree Capital, which has appointed receivers for the asset.The Shenzhen-based developer, which is saddled with US$310 billion in total liabilities,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-worlds-most-indebted-developer-misses-overhaul-proposal-deadline-amid-creditor-talks\/","url_meta":{"origin":139146,"position":1},"title":"China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","date":"January 1, 2023","format":false,"excerpt":"\r China Evergrande Group delayed releasing a much-anticipated restructuring plan again, missing a self-imposed deadline and disappointing creditors seeking to salvage investments.\r \r Source : South China Morning Post\r Read more...China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-embattled-developer-could-face-liquidation-as-creditor-files-winding-up-petition-in-hong-kong\/","url_meta":{"origin":139146,"position":2},"title":"Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong Kong","date":"June 28, 2022","format":false,"excerpt":"\r The embattled developer received a winding-up petition from a creditor reportedly owned by a member of Hong Kong\u2019s leadership election committee, for failing to pay US$109.91 million.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-seeks-debt-extension-to-repay-us87-5-million-early\/","url_meta":{"origin":139146,"position":3},"title":"Evergrande crisis: developer Modern Land (China) seeks debt extension, to repay US$87.5 million early","date":"October 11, 2021","format":false,"excerpt":"\r Property developer Modern Land (China) on Monday asked its debt holders for a three-month extension on a US$250 million bond set to come due later this month to avoid a potential default, as concerns continue to swirl around the embattled China Evergrande Group and the Chinese property sector\u2019s debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-creditor-minsheng-bank-pares-loans-to-developer-amid-concerns-about-leverage-default\/","url_meta":{"origin":139146,"position":4},"title":"China Evergrande\u2019s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default","date":"June 24, 2021","format":false,"excerpt":"\r China Evergrande\u2019s top bank creditor has reduced its exposure to the nation\u2019s most-indebted developer to assuage its own investors, a sign that local lenders have started to raise their guard against the risk of defaults.China Minsheng Banking Group, a major commercial lender, said its loan exposure to Evergrande has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-country-garden-receives-winding-up-petition-in-hong-kong-over-us204-million-loan\/","url_meta":{"origin":139146,"position":5},"title":"Chinese developer Country Garden receives winding-up petition in Hong Kong over US$204 million loan","date":"February 28, 2024","format":false,"excerpt":"\r Indebted developer vows to \u2018vigorously\u2019 fight the \u2018aggressive action by a sole creditor\u2019 over a \u2018low proportion\u2019 of its offshore debts.\r \r Source : South China Morning Post\r Read more...Chinese developer Country Garden receives winding-up petition in Hong Kong over US4 million loan","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\/139146"}],"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=139146"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}