{"id":146715,"date":"2024-08-20T12:02:42","date_gmt":"2024-08-20T05:02:42","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-it-has-creditors-support-as-it-unveils-debt-workout-plan-to-avoid-liquidation\/"},"modified":"2024-08-23T08:23:49","modified_gmt":"2024-08-23T01:23:49","slug":"kaisa-says-it-has-creditors-support-as-it-unveils-debt-workout-plan-to-avoid-liquidation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-it-has-creditors-support-as-it-unveils-debt-workout-plan-to-avoid-liquidation\/","title":{"rendered":"Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation"},"content":{"rendered":"


\nKaisa, with 226.4 billion yuan in total liabilities, has spent more than two years on its restructuring plan since missing its payments in late 2021.
\n
\nSource : South China Morning Post
\nRead more…Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kaisa, with 226.4 billion yuan in total liabilities, has spent more than two years on...<\/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-146715","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-Can","jetpack-related-posts":[{"id":139812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-chinese-developer-kaisa-tells-court-creditors-will-get-less-than-5-of-their-money-back-if-it-is-liquidated\/","url_meta":{"origin":146715,"position":0},"title":"Debt-stricken Chinese developer Kaisa tells court creditors will get less than 5% of their money back if it is liquidated","date":"October 10, 2023","format":false,"excerpt":"\r The debt-stricken property developer has said it is \u2018cashflow insolvent\u2019 and that its creditors will get less than 5 per cent of their money back if it is forced into liquidation, a court heard.\r \r Source : South China Morning Post\r Read more...Debt-stricken Chinese developer Kaisa tells court creditors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-times-china-get-reprieves-in-hong-kong-winding-up-cases-promise-debt-workout-plans\/","url_meta":{"origin":146715,"position":1},"title":"Kaisa, Times China get reprieves in Hong Kong winding-up cases, promise debt workout plans","date":"August 12, 2024","format":false,"excerpt":"\r The developers, which defaulted on a combined US$15 billion of offshore debts, get four- and 10-week adjournments, respectively, in their hostile lawsuits from creditors.\r \r Source : South China Morning Post\r Read more...Kaisa, Times China get reprieves in Hong Kong winding-up cases, promise debt workout plans","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-debt-restructuring-plan-gains-support-from-over-80-per-cent-of-overseas-creditors\/","url_meta":{"origin":146715,"position":2},"title":"Kaisa\u2019s debt restructuring plan gains support from over 80 per cent of overseas creditors","date":"March 18, 2016","format":false,"excerpt":"\r Troubled Chinese developer Kaisa Group, which has been struggling to restructure its debt after defaulting on US dollar bonds, said it has won support from investors representing more than 80 per cent of its offshore debt claims.\r \r Source : South China Morning Post\r Read more...Kaisa\u2019s debt restructuring plan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-labels-farallon-led-debt-proposal-as-not-commercially-viable\/","url_meta":{"origin":146715,"position":3},"title":"Kaisa labels Farallon-led debt proposal as not \u2018commercially viable\u2019","date":"January 21, 2016","format":false,"excerpt":"\r Debt-laden Kaisa Group, the first mainland Chinese developer to have defaulted on its offshore bonds, said an alternative restructuring proposal it received a week ago is not \u201ccommercially viable,\u201d according to a statement.\r \r Source : South China Morning Post\r Read more...Kaisa labels Farallon-led debt proposal as not \u2018commercially\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-vice-chairmans-bel-air-villa-is-for-sale-in-hong-kong-at-discount-as-developer-disposes-of-assets-to-raise-capital-amid-crippling-debt\/","url_meta":{"origin":146715,"position":4},"title":"Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as developer disposes of assets to raise capital amid crippling debt","date":"May 12, 2022","format":false,"excerpt":"\r Kaisa is struggling to raise cash as it faces US$11.4 billion of outstanding bonds and US$200 million of perpetual notes coming due in 2026, according to Bloomberg\u2019s data.\r \r Source : South China Morning Post\r Read more...Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-alternative-restructuring-proposal-not-commercially-viable\/","url_meta":{"origin":146715,"position":5},"title":"Kaisa says alternative restructuring proposal not commercially viable","date":"January 21, 2016","format":false,"excerpt":"\r Debt-laden Kaisa Group, the first mainland Chinese developer to have defaulted on its offshore bonds, said an alternative restructuring proposal it received a week ago is not \u201ccommercially viable\u201d.\r \r Source : South China Morning Post\r Read more...Kaisa says alternative restructuring proposal not commercially viable","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\/146715"}],"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=146715"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}