by Amruth Sundarkumar | Oct 11, 2021 | China, Distressed / Defaulted Bonds
Modern Land China’s dollar bonds collapsed, losing over half its value with its 9.8% 2023s, 11.8% 2022s and 12.85% 2021s falling to 32.5, 32.1 and 47 cents on the dollar respectively. Modern Land in an exchange filing sought consent to extend the maturity date...
by bondevalue | Mar 8, 2021 | China, High Yield Bonds
Chinese developer Modern Land (China) announced that it has received a solid response to its tender offer of its 12.85% bonds due October 25 this year. The company said that bonds worth $134.04mn in principal had been validly tendered as on the offer deadline of last...
