New World Launches Debt Swap for Nearly $1 Billion of Bonds

New World Launches Debt Swap for Nearly $1 Billion of Bonds

New World Development Co. kicked off an exchange offer for about $991 million of outstanding dollar notes, in the latest effort by the stressed Hong Kong developer to extend maturities and shore up liquidity.

New World Development Co. kicked off an exchange offer for about $991 million of outstanding dollar notes, in the latest effort by the stressed Hong Kong developer to extend maturities and shore up liquidity.
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Bloomberg — Markets (EN)




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