{"id":146562,"date":"2024-08-02T14:30:36","date_gmt":"2024-08-02T07:30:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bondholders-urge-chinese-defaulter-sino-ocean-to-rejig-us6-billion-debt-plan-after-slamming-big-haircuts-weak-recovery-rates\/"},"modified":"2024-08-03T22:26:55","modified_gmt":"2024-08-03T15:26:55","slug":"bondholders-urge-chinese-defaulter-sino-ocean-to-rejig-us6-billion-debt-plan-after-slamming-big-haircuts-weak-recovery-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bondholders-urge-chinese-defaulter-sino-ocean-to-rejig-us6-billion-debt-plan-after-slamming-big-haircuts-weak-recovery-rates\/","title":{"rendered":"Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates"},"content":{"rendered":"


\nSome bondholders demand a rejig in the defaulted Chinese developer\u2019s US$6 billion debt restructuring plan to provide creditors with higher recovery rates.
\n
\nSource : South China Morning Post
\nRead more…Bondholders urge Chinese defaulter Sino-Ocean to rejig US billion debt plan after slamming big haircuts, weak recovery rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some bondholders demand a rejig in the defaulted Chinese developer\u2019s US$6 billion debt restructuring plan...<\/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-146562","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-C7U","jetpack-related-posts":[{"id":146546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bondholders-strongly-oppose-chinese-developer-sino-oceans-debt-revamp-plan\/","url_meta":{"origin":146562,"position":0},"title":"Bondholders \u2018strongly oppose\u2019 Chinese developer Sino-Ocean\u2019s debt-revamp plan","date":"July 26, 2024","format":false,"excerpt":"\r Linklaters, the legal adviser for an ad hoc group of bondholders, held a meeting on Wednesday to boycott the developer\u2019s proposal, urging creditors not to sign the restructuring support agreement.\r \r Source : South China Morning Post\r Read more...Bondholders \u2018strongly oppose\u2019 Chinese developer Sino-Ocean\u2019s debt-revamp plan","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/repeat-chinese-defaulter-sunshine-100-misses-payment-on-us179-million-of-debt-and-interest\/","url_meta":{"origin":146562,"position":1},"title":"Repeat Chinese defaulter Sunshine 100 misses payment on US$179 million of debt and interest","date":"December 6, 2021","format":false,"excerpt":"\r Chinese developer and repeat defaulter Sunshine 100 China Holdings has missed payment on US$179 million of debt and interest payments due Sunday, as higher borrowing costs hit indebted companies across the sector.Sunshine 100 said in a filing that it won\u2019t be able to repay the US$170 million of principal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-buys-more-time-as-domestic-bondholders-agree-to-us2-3-billion-debt-rollover-plan\/","url_meta":{"origin":146562,"position":2},"title":"Sunac China buys more time as domestic bondholders agree to US$2.3 billion debt rollover plan","date":"January 5, 2023","format":false,"excerpt":"\r Sunac is buying an additional 3.5 years to repay local bondholders, a reprieve that may allow the developer to see out the current industry slump as Beijing turns more supportive of the players.\r \r Source : South China Morning Post\r Read more...Sunac China buys more time as domestic bondholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138479,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sino-ocean-seeks-12-month-reprieve-to-repay-us280-million-bond-amid-liquidity-squeeze-maturity-wall\/","url_meta":{"origin":146562,"position":3},"title":"Chinese developer Sino-Ocean seeks 12-month reprieve to repay US$280 million bond amid liquidity squeeze, maturity wall","date":"July 25, 2023","format":false,"excerpt":"\r Chinese developer Sino-Ocean has proposed to roll over a bond by 12 months as it struggles with a liquidity squeeze. Bondholders have demanded a full repayment when due on August 2.\r \r Source : South China Morning Post\r Read more...Chinese developer Sino-Ocean seeks 12-month reprieve to repay US0 million\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":146562,"position":4},"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":138994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-extends-bondholders-vote-in-last-ditched-effort-to-avert-default\/","url_meta":{"origin":146562,"position":5},"title":"Country Garden extends bondholders\u2019 vote in last-ditched effort to avert default","date":"September 1, 2023","format":false,"excerpt":"\r Moody\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.\r \r Source : South China Morning Post\r Read more...Country Garden extends bondholders\u2019 vote in last-ditched effort to avert\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\/146562"}],"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=146562"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146562\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}