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SIOPF / Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee
Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said in a filing, as the debt crisis for Chinese property developers rumbles on. Read More
Posted: Feb 23 2022, 08:12
Author Name: Reuters
Views: 102246

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HONG KONG (Reuters) -Cash-strapped Chinese developer Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay $11.8 bil more_horizontal

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Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

By Reuters
February 23, 2022

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

By Reuters
February 23, 2022

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

By Reuters
February 23, 2022

Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed - trustee

Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the not more_horizontal


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