China’s Country Garden Secures Approval from Creditors to Extend Repayment of Yuan-denominated Bonds
China’s Country Garden Receives Approval to Extend Repayment of Yuan-Denominated Bonds Thursday, 2nd September 2023 Country Garden, a troubled real estate developer in China, has obtained consent from its creditors to extend the repayment period for its yuan-denominated bonds, according to sources familiar with the matter. The announcement was made today, providing a temporary sense […]
Angle: Unexpected hotel rattle in Qatar, where the World Cup is heating up | Reuters
DOHA (Reuters) – Qatar is facing a massive oversupply of accommodation during the World Cup. Over the weekend, searches on the official portal found at least 42 hotels with vacancies, and Airbnb also showed hundreds of available listings. Qatar is facing a massive oversupply of accommodation during the World Cup football tournament on November 25. […]
China Evergrande Group’s international creditors attract up their personal credit card debt restructuring approach = FT | Reuters
International cash holding the corporate bonds of China Evergrande Team, a important property developer in China, have appear up with their have credit card debt restructuring plans. He asks the chairman of the organization, Hsu Jiayin, to repay the personal debt with his have cash. FILE Photograph: Shenzhen, China September 2021. REUTERS/Aly Music (Reuters) – […]
China Evergrande, tentative proposal for offshore bond restructuring Exchange with shares of Hong Kong listed subsidiary | Reuters
On the 29th, China Evergrande Group announced a tentative policy of presenting a restructuring proposal including a stock exchange of two affiliated companies for foreign currency debts that have not been paid. Pictured is China Evergrande headquarters building. FILE PHOTO: Shenzhen, China January 2022. REUTERS/David Kirton [香港 ２９日 ロイター] – China Evergrande Group, a major […]
Evergrande China to announce debt restructuring plan by the end of July | Reuters
China’s real estate developer, Evergrande Group, which has a large amount of debt and is in financial difficulty, announced on the 22nd that it will announce a debt restructuring plan by the end of July. Taken in September 2021 (2022 Reuters / Aly Song) [Beijing / Hong Kong, 22nd Reuters]–China’s real estate developer, Evergrande Group, […]
Evergrande China announces restructuring plan within six months at investor conference call | Reuters
At a conference call for investors held by China Evergrande Group, a major Chinese real estate developer, it was revealed that it aims to prepare a provisional reconstruction plan within half a year. Taken in September 2021 (2022 Reuters / Aly Song) [Hong Kong, 26th Reuters]–It was revealed at a conference call for investors held […]
Evergrande reconstruction in China, sale of overseas assets and consideration of appropriation for debt repayment = news | Reuters
The Guangdong provincial government, which leads the reconstruction of the Chinese real estate development company Evergrande Group, intends to sell the company’s overseas assets and use it to repay its external debt, financial information service REDD reported as a source. .. Taken in front of the head office in Shenzhen, China last September (2022 Reuters […]
Goldman loses 13% in Q4 Trading revenues are sluggish | Reuters
[Reuters]–US Goldman Sachs announced on the 18th that its fourth quarter (until December 31st) earnings fell by about 13%, falling below market expectations. Although the investment banking sector performed well, stock price fluctuations were scarce and the trading business deteriorated. Stock prices fell by more than 7% in early trading. Revenues from the Global Markets […]
Indonesian Parliament Passes Capital Relocation Bill New Capital is “Nusantara” | Reuters
The Indonesian parliament has passed a bill to relocate the capital from Jakarta to Kalimantan, Borneo. The photo shows an Air Force helicopter holding a national flag at the Independence Day ceremony held on August 17, last year. Taken in Jakarta (2022 Reuters / Willy Kurniawan) [Jakarta, 18th Reuters]–The Indonesian parliament has passed a bill […]
China Evergrande cannot pay offshore bonds by the end of the grace period = Related sources | Reuters
On December 7, some offshore bond holders of the Chinese real estate giant Evergrande Group, which is in financial difficulty, have not received interest payments by midnight on the 6th of New York time, when the 30-day grace period expires. Do you get it. Photo taken in Shenzhen in September (2021 Reuters / Aly Song) […]
