{"id":149560,"date":"2025-02-19T15:01:27","date_gmt":"2025-02-19T08:01:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-wins-hong-kong-court-approval-to-proceed-with-us6-billion-debt-workout\/"},"modified":"2025-02-19T19:01:00","modified_gmt":"2025-02-19T12:01:00","slug":"sino-ocean-wins-hong-kong-court-approval-to-proceed-with-us6-billion-debt-workout","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-wins-hong-kong-court-approval-to-proceed-with-us6-billion-debt-workout\/","title":{"rendered":"Sino-Ocean wins Hong Kong court approval to proceed with US$6 billion debt workout"},"content":{"rendered":"<p>&#013;<br \/>\nApproval comes after a UK court allowed the state-backed Chinese developer to reorganise US$3.72 billion of bonds.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3299283\/sino-ocean-wins-hong-kong-court-approval-proceed-us6-billion-debt-workout?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Sino-Ocean wins Hong Kong court approval to proceed with US billion debt workout<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Approval comes after a UK court allowed the state-backed Chinese developer to reorganise US$3.72 billion&#46;&#46;&#46;<\/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-149560","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-CUg","jetpack-related-posts":[{"id":139757,"url":"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\/","url_meta":{"origin":149560,"position":0},"title":"Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices","date":"October 5, 2023","format":false,"excerpt":"\r Sunac 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.\r \r Source : South China Morning Post\r Read more...Sunac China wins Hong Kong court approval to implement US.2\u2026","rel":"","context":"In &quot;Property News&quot;","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":149560,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sino-oceans-debt-plan-wins-court-approval-in-uk\/","url_meta":{"origin":149560,"position":2},"title":"Chinese developer Sino-Ocean\u2019s debt plan wins court approval in UK","date":"February 4, 2025","format":false,"excerpt":"\r The outcome \u2018will definitely be a factor\u2019 when a Hong Kong court considers a winding-up petition later this month, company adviser says.\r \r Source : South China Morning Post\r Read more...Chinese developer Sino-Ocean\u2019s debt plan wins court approval in UK","rel":"","context":"In &quot;Property News&quot;","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":149560,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-emperor-and-lai-sun-find-relief-amid-debt-pressures\/","url_meta":{"origin":149560,"position":4},"title":"Hong Kong developers Emperor and Lai Sun find relief amid debt pressures","date":"November 28, 2025","format":false,"excerpt":"\r Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-shimao-seeks-offshore-investors-approval-to-restructure-us11-7-billion-debt\/","url_meta":{"origin":149560,"position":5},"title":"Embattled Chinese developer Shimao seeks offshore investors\u2019 approval to restructure US$11.7 billion debt","date":"March 25, 2024","format":false,"excerpt":"\r The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according to a filing made to the Hong Kong stock exchange late on Monday, as part of its latest efforts to avoid liquidation.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Shimao seeks\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149560"}],"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=149560"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149560\/revisions"}],"predecessor-version":[{"id":149561,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149560\/revisions\/149561"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}