{"id":171980,"date":"2026-06-15T13:33:02","date_gmt":"2026-06-15T06:33:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-seeks-note-swap-in-bid-to-ease-liquidity-pressure\/"},"modified":"2026-06-15T14:53:17","modified_gmt":"2026-06-15T07:53:17","slug":"hong-kong-developer-lai-sun-seeks-note-swap-in-bid-to-ease-liquidity-pressure","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-seeks-note-swap-in-bid-to-ease-liquidity-pressure\/","title":{"rendered":"Hong Kong developer Lai Sun seeks note swap in bid to ease liquidity pressure"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong developer Lai Sun Development, chaired by businessman Peter Lam Kin-ngok, who also chairs the city\u2019s Tourism Board, has launched an exchange offer for its outstanding US$493 million worth of 5 per cent guaranteed notes due July 2026, in an effort to relieve short-term liquidity pressures, the company said Monday in a filing to the Hong Kong stock exchange.<br \/>\nEligible noteholders can swap their existing holdings for new, US dollar-denominated senior guaranteed notes carrying an 8 per cent&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3357134\/hong-kong-developer-lai-sun-seeks-note-swap-bid-ease-liquidity-pressure?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong developer Lai Sun seeks note swap in bid to ease liquidity pressure<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong developer Lai Sun Development, chaired by businessman Peter Lam Kin-ngok, who also chairs&#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-171980","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-IJS","jetpack-related-posts":[{"id":143385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-lai-sun-development-sells-stake-in-insurer-aia-groups-hong-kong-headquarters\/","url_meta":{"origin":171980,"position":0},"title":"Debt-saddled Lai Sun Development sells stake in insurer AIA Group\u2019s Hong Kong headquarters","date":"April 9, 2024","format":false,"excerpt":"\r A wholly-owned unit of Lai Sun Development Company, a Hong Kong property firm, has sold its equity stake in the AIA Central skyscraper for HK$1.42 billion (US$180 million) in a bid to boost its liquidity.\r \r Source : South China Morning Post\r Read more...Debt-saddled Lai Sun Development sells stake\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jd-coms-us450-billion-stake-in-hong-kong-central-tower-eases-lai-sun-debt-woes\/","url_meta":{"origin":171980,"position":1},"title":"JD.com\u2019s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes","date":"December 10, 2025","format":false,"excerpt":"\r JD.com has agreed to acquire a stake in a major office tower in Hong Kong\u2019s Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development. Lai Sun Development and its parent Lai Sun Garment entered\u2026","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":171980,"position":2},"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":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":171980,"position":3},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-prices-the-parkland-in-yuen-long-at-10-year-low-to-lure-buyers\/","url_meta":{"origin":171980,"position":4},"title":"Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","date":"September 26, 2024","format":false,"excerpt":"\r The first batch of 50 units at The Parkland in Yuen Long has an average price of HK$9,278 per square foot.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-court-adjourns-evergrandes-winding-up-hearing-until-january-29-giving-worlds-most-indebted-developer-another-reprieve\/","url_meta":{"origin":171980,"position":5},"title":"Hong Kong court adjourns Evergrande\u2019s winding-up hearing until January 29, giving world\u2019s most indebted developer another reprieve","date":"December 4, 2023","format":false,"excerpt":"\r Evergrande proposed a new restructuring plan to swap creditors\u2019 debts for 30 per cent stakes in its Hong Kong-listed subsidiaries and a 17.8 per cent stake, according to Reuters\u2019 report on November 30.\r \r Source : South China Morning Post\r Read more...Hong Kong court adjourns Evergrande\u2019s winding-up hearing until\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\/171980"}],"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=171980"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171980\/revisions"}],"predecessor-version":[{"id":171981,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171980\/revisions\/171981"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}