{"id":59276,"date":"2017-06-29T18:46:02","date_gmt":"2017-06-29T11:46:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-us6-6b-bond-rattles-markets-prompts-round-of-head-scratching\/"},"modified":"2017-06-29T18:49:37","modified_gmt":"2017-06-29T11:49:37","slug":"china-evergrandes-us6-6b-bond-rattles-markets-prompts-round-of-head-scratching","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-us6-6b-bond-rattles-markets-prompts-round-of-head-scratching\/","title":{"rendered":"China Evergrande\u2019s US$6.6b bond rattles markets, prompts round of head-scratching"},"content":{"rendered":"


\nChina Evergrande Group has come under the spotlight after it issued a US$6.6 billion bond last week, the largest US dollar bond ever completed in Asia, even as the debt-laden property giant has vowed to deleverage.
\nEvergrande, the country\u2019s largest, yet most indebted developer with a debt-equity ratio over 400 per cent, in March pledged to start deleveraging and has since repaid 70 per cent of its outstanding high-interest perpetual bonds.
\nAnalysts said the fund raising could be a pre-…
\n
\nSource : South China Morning Post
\nRead more…China Evergrande\u2019s US.6b bond rattles markets, prompts round of head-scratching<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group has come under the spotlight after it issued a US$6.6 billion bond...<\/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-59276","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-fq4","jetpack-related-posts":[{"id":139293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-suffers-new-blow-after-failing-to-meet-rules-on-offshore-bond-sales-hobbling-years-of-efforts-to-restructure-us20-billion-of-defaulted-debt\/","url_meta":{"origin":59276,"position":0},"title":"China Evergrande suffers new blow after failing to meet rules on offshore bond sales, hobbling years of efforts to restructure US$20 billion of defaulted debt","date":"September 25, 2023","format":false,"excerpt":"\r China Evergrande\u2019s debt woes are deepening, two years after trying to fix its problems. It has fallen short of local requirements to sell new securities offshore, a key plank in its US$20 billion debt workout with creditors.\r \r Source : South China Morning Post\r Read more...China Evergrande suffers new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-evergrande-trims-offshore-debt-and-rebuilds-investor-confidence-smes-and-banks-are-overlooked-in-payment-queue\/","url_meta":{"origin":59276,"position":1},"title":"As Evergrande trims offshore debt and rebuilds investor confidence, SMEs and banks are overlooked in payment queue","date":"July 29, 2021","format":false,"excerpt":"\r China Evergrande\u2019s creditors face uncertain times ahead. The world\u2019s most-indebted developer has to navigate through choppy waters, including political concerns, before it can steady itself after a huge beating in stock and bond markets over the past five months.Billionaire chairman Hui Ka-yan has taken efforts to reduce debt and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-million-dollar-former-economist-says-his-counsel-fell-on-deaf-ears-as-he-disowns-developers-debt-fuelled-growth\/","url_meta":{"origin":59276,"position":2},"title":"Evergrande\u2019s million-dollar former economist says his counsel fell on deaf ears as he disowns developer\u2019s debt-fuelled growth","date":"October 11, 2021","format":false,"excerpt":"\r Ren Zeping, China Evergrande Group\u2019s ex-chief economist and the country\u2019s highest paid strategist, has disowned the leveraged diversification and debt-fuelled acquisitions of his former employer, as the world\u2019s most indebted developer faces another string of bond payments this week.The former head of the Evergrande Research Institute \u2013 with an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-first-half-sales-jump-72-per-cent\/","url_meta":{"origin":59276,"position":3},"title":"China Evergrande\u2019s first-half sales jump 72 per cent","date":"July 4, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest homebuilder, said its first-half contracted sales rose 72 per cent from a year earlier to 244 billion yuan. That\u2019s 54 per cent of the company\u2019s sales target of 450 billion yuan for the year. Evergrande achieved sales of 61.1 billion yuan in June,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-china-evergrande-suffers-huge-blow-as-us1-7-billion-deal-to-sell-its-hong-kong-headquarters-collapses\/","url_meta":{"origin":59276,"position":4},"title":"Debt-stricken China Evergrande suffers huge blow as US$1.7 billion deal to sell its Hong Kong headquarters collapses","date":"October 15, 2021","format":false,"excerpt":"\r China Evergrande has failed to sell its single largest asset to state-backed Yuexiu Property, Reuters reported, a huge blow to the debt-stricken developer\u2019s frantic efforts to raise the funds it needs to survive.Guangzhou government-backed Yuexiu Property dropped a proposed US$1.7 billion offer to buy Evergrande\u2019s 26-storey office tower in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-property-management-arm-launching-us2-billion-ipo-as-developer-seeks-to-pare-massive-debt\/","url_meta":{"origin":59276,"position":5},"title":"China Evergrande\u2019s property management arm launching US$2 billion IPO as developer seeks to pare massive debt","date":"November 22, 2020","format":false,"excerpt":"\r Evergrande Property Services, a unit of mainland China\u2019s largest and most indebted developer China Evergrande Group, is looking to raise up to HK$15.8 billion (US$2.04 billion) from an initial public offering in Hong Kong next week, a move that will allow its parent to pare back its massive debt.The\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\/59276"}],"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=59276"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59276\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}