{"id":139757,"date":"2023-10-05T16:15:30","date_gmt":"2023-10-05T09:15:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-wins-hong-kong-court-approval-to-implement-us10-2-billion-debt-workout-with-creditors-in-boost-to-stock-prices\/"},"modified":"2023-10-05T16:20:08","modified_gmt":"2023-10-05T09:20:08","slug":"sunac-china-wins-hong-kong-court-approval-to-implement-us10-2-billion-debt-workout-with-creditors-in-boost-to-stock-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-wins-hong-kong-court-approval-to-implement-us10-2-billion-debt-workout-with-creditors-in-boost-to-stock-prices\/","title":{"rendered":"Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices"},"content":{"rendered":"


\nSunac moved ahead of its troubled peers in fixing its financial crisis after a court in Hong Kong sanctioned its US$10.2 billion debt workout plan with more than 2,000 offshore creditors.
\n
\nSource : South China Morning Post
\nRead more…Sunac China wins Hong Kong court approval to implement US.2 billion debt workout with creditors in boost to stock prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sunac moved ahead of its troubled peers in fixing its financial crisis after a court...<\/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-139757","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-Am9","jetpack-related-posts":[{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":139757,"position":0},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-sunac-gets-more-creditors-on-board-with-us9-billion-offshore-debt-restructuring-plan\/","url_meta":{"origin":139757,"position":1},"title":"Embattled Chinese developer Sunac gets more creditors on board with US$9 billion offshore debt restructuring plan","date":"April 21, 2023","format":false,"excerpt":"\r The 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.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Sunac gets more creditors on board\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":139757,"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":119067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-chinas-property-management-arm-seeks-at-least-us1-billion-in-hong-kong-ipo-say-sources\/","url_meta":{"origin":139757,"position":3},"title":"Mainland developer Sunac China\u2019s property management arm seeks at least US$1 billion in Hong Kong IPO, say sources","date":"October 30, 2020","format":false,"excerpt":"\r Sunac Services Holdings, the property management arm of the mainland\u2019s fourth-largest developer Sunac China Holdings, is looking to raise at least US$1 billion in a Hong Kong listing, joining a slew of companies who have launched IPOs recently, according to people familiar with the transaction.The company has already started\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":139757,"position":4},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-china-proposes-to-spin-off-property-services-arm-and-list-it-in-hong-kong\/","url_meta":{"origin":139757,"position":5},"title":"Mainland developer Sunac China proposes to spin off property services arm and list it in Hong Kong","date":"August 7, 2020","format":false,"excerpt":"\r Mainland developer Sunac China plans to spin-off Sunac Services Holdings, its property management unit and list it in Hong Kong, with analysts expecting China\u2019s struggling home builders looking to cash in on the profitable parts of their business amid a souring property market.After the spin-off and listing, Sunac China\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\/139757"}],"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=139757"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}