The grace period for Chinese property developer Country Garden Holding's $15 million coupon payment has expired with no word that the money has been paid.
(Bloomberg) โ The clock is ticking for Country Garden Holdings Co. Ltd. to avert its first-ever public dollar bond default, as the distressed Chinese ...
HONG KONG :Country Garden's entire offshore debt will be deemed to be in default if China's largest private property developer fails to make a US$15 million ...
In a tumultuous turn of events, Country Garden, China's largest property developer, is teetering on the edge of default, sending shockwaves through the ...
(Bloomberg) -- Default and liquidation are looming in a matter of days for two companies central to China's property debt crisis.
With nearly $17bn of offshore debt, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings.
A default by Country Garden would deepen the crisis roiling China's property sector. Read more at straitstimes.com.
DISTRESSED Chinese builder Country Garden Holdings has remained silent as a grace period is ending for US dollar-bond interest that if unpaid would mark its ...
The prospects of China's largest private property developer, Country Garden Holding, defaulting on its offshore debt looks like a certainty as the grace ...
Country Garden Holdings , China's biggest private property developer, is less than an hour away from a potential default on its $11 billion in overseas debt ...
(Bloomberg) -- Distressed Chinese builder Country Garden Holdings Co. signaled it's set for a first-ever default as a grace period ends for dollar-bond ...
The looming default, which would be the latest in scores of Chinese developers who have defaulted, would deepen the crisis roiling the property sector, ...
The housing sector accounts for a third of China's economy, whose post-pandemic recovery has been sluggish.
Country Garden Holdings, China's biggest private property developer, is hours away from defaulting on its $11 billion in overseas debt, yet to make a coupon ...
HONG KONG -- Country Garden Holdings, a private real estate developer at the center of China's property sector crisis, said Wednesday that it is unabl.
Country Garden's entire offshore debt will be deemed to be in default if China's largest private property developer fails to make a $15 million coupon ...
HONG KONG : Born into a peasant family in rural China, Yeung Kwok Keung's rags-to-riches tale inspired millions across the country until his Country Garden ...
Country Garden, whose $186 billion of total liabilities make it one of the world's most indebted builders, had to pay by the end of a 30-day grace period ...
Fewer than 50 of the planned 3600 homes in its Wilton Greens project are under construction. Read more at straitstimes.com.
Four years after Chinese property giant Country Garden launched a A$2 billion ($1.27 billion) development of 3600 homes an hour's drive southwest of Sydney, ...
Founder Yeung Kwok Keung quit Country Garden's board in March and daughter Yang Huiyan became chairperson. Yeung remains a special adviser. Country Garden on ...
A COUNTRY Garden US$15 million coupon payment deadline has expired without word of payment, fuelling expectations that China's biggest private property ...
Embattled Country Garden Holdings Co. Ltd. made no payment as a $15.4 million coupon deadline expired, potentially marking the real estate giant's ...
The company, one of China's biggest property developers, took the unusual step of stating that the company's founder and its chairwoman were โworking ...
Chinese property giant Country Garden denied Thursday its founder and chairwoman had fled the country, as the debt-saddled builder flirts with a default ...
Unverified reports claimed founder Yang Guoqiang and his daughter Yang Huiyan had left China. Read more at straitstimes.com.
Country Garden has missed its final deadline for the coupon payment on a dollar bond, according to three creditors, making what was once China's biggest ...
China's biggest private developer offloads Windermere estate in Melbourne to Frasers for around $250 million as the company moves closer to leaving ...
Country Garden's entire offshore debt will be deemed to be in default if China's largest private property developer fails to make a $15 million coupon ...
WILTON, Australia (Reuters) -Four years after Chinese property giant Country Garden launched a A$2 billion ($1.27 billion) development of 3600 homes an ...