HONG KONG (Reuters) -Embattled New World Development said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after setting an early deadline for its ...
Hong Kong property developer New World Development has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an exchange filing ...
New World Development Co.'s bond swap plan is set to trim about $1.2 billion from the company's debt pile. The company proposed the plan to issue up to $1.9 billion of new debt in exchange for ...
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