{"id":139188,"date":"2023-09-15T14:00:27","date_gmt":"2023-09-15T07:00:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists\/"},"modified":"2023-09-15T14:10:05","modified_gmt":"2023-09-15T07:10:05","slug":"sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists\/","title":{"rendered":"Sino-Ocean freezes payments on US$4 billion bonds, other offshore debt to pursue restructuring as China\u2019s housing slump persists"},"content":{"rendered":"


\nState-linked developer Sino-Ocean will stop servicing its offshore debt, including almost US$4 billion of bonds, to pursue a debt restructuring. This signals China\u2019s housing market is far from reversing a three-year slump.
\n
\nSource : South China Morning Post
\nRead more…Sino-Ocean freezes payments on US billion bonds, other offshore debt to pursue restructuring as China\u2019s housing slump persists<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

State-linked developer Sino-Ocean will stop servicing its offshore debt, including almost US$4 billion of bonds,...<\/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-139188","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-AcY","jetpack-related-posts":[{"id":139808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-misses-a-bond-payment-signals-possible-default-on-part-of-us180-billion-liabilities-as-chinas-housing-slump-persists\/","url_meta":{"origin":139188,"position":0},"title":"Country Garden misses a bond payment, signals possible default on part of US$180 billion liabilities as China\u2019s housing slump persists","date":"October 10, 2023","format":false,"excerpt":"\r Chinese developer Country Garden is stumbling toward a full-blown debt reorganisation with creditors after missing a bond payment and warning of possible default on its offshore borrowings.\r \r Source : South China Morning Post\r Read more...Country Garden misses a bond payment, signals possible default on part of US0 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-aoyuan-wins-hong-kong-courts-approval-to-proceed-with-restructuring-more-than-us4-billion-of-offshore-debt-loans\/","url_meta":{"origin":139188,"position":1},"title":"China Aoyuan wins Hong Kong court\u2019s approval to proceed with restructuring more than US$4 billion of offshore debt, loans","date":"January 12, 2024","format":false,"excerpt":"\r China Aoyuan is the latest among debt-stricken home builders to win forbearance from offshore creditors and courts to cure their defaulted debts as China\u2019s property market struggles to overturn a multi-year slump.\r \r Source : South China Morning Post\r Read more...China Aoyuan wins Hong Kong court\u2019s approval to proceed\u2026","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":139188,"position":2},"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":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":139188,"position":3},"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":126355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-lgfv-bonds-to-top-offshore-dollar-debt-issuers-in-2022-as-market-grows-tired-of-defaults-and-delayed-payments-by-developers\/","url_meta":{"origin":139188,"position":4},"title":"China\u2019s LGFV bonds to top offshore dollar debt issuers in 2022 as market grows tired of defaults and delayed payments by developers","date":"May 9, 2022","format":false,"excerpt":"\r The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real estate market and a record bout of defaults and missed payments deterred many global investors.\r \r Source : South China Morning Post\r Read more...China\u2019s LGFV bonds to top offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-debt-laden-guangzhou-rf-properties-seeks-extension-on-10-offshore-bonds-worth-us5-16-billion\/","url_meta":{"origin":139188,"position":5},"title":"China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore bonds worth US$5.16 billion","date":"June 17, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties is seeking investors\u2019 consent to extend the maturity dates of 10 of its offshore bonds worth US$5.16 billion due between now and 2024, to avoid defaults.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore\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\/139188"}],"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=139188"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139188\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}