Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ...
The property developer said plans to restructure debt issued by a unit were approved.
(Reuters) -Sunac China on Tuesday emerged as the first embattled Chinese property developer to successfully cut down on its ...
Embattled property developer Sunac China said on Tuesday it had won the support of holders of all its ten onshore bonds to ...
Developer Sunac China Holdings secured approval for the restructuring of its onshore debt, a move that participants in the property market hailed as good news for China's beleaguered real estate ...
Sunac China has now won the support of holders of nine of its ten onshore bonds to implement a restructuring that would cut ...
SUNAC (01918.HK) opened 6.6% higher today (22nd) and peaked at $1.8 in the early session. It last traded at $1.78, up 7.23%, ...
As of today (22nd), the aggregate principal amount of the mandatory convertible bonds (MCB) of SUNAC (01918.HK) that have not ...
Sunac China’s1918-5.03%decrease; red down pointing triangle shares rose after it reached a deal to restructure around $2 billion in onshore debt, becoming the first Chinese property developer to ...
The landmark deal enables Sunac, once one of China's largest real estate developers, to deleverage its 15.4 billion yuan ($2.11 billion) outstanding onshore debt by more than half. The landmark deal ...
Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, two sources said, as weak sales raise the prospects for a new round of ...
Sunac's deal bodes well for China's property sector, participants in the market said. "Onshore creditors are not normally willing to compromise," said Raymond Cheng, a managing director at CGS ...