"Powerlong" Archives

Powerlong’s Dollar Bonds Plummet up to 10 Points

by Amruth Sundarkumar | May 25, 2022 | China, Distressed / Defaulted Bonds

Dollar bonds of Powerlong Real Estate dropped as much as 8-10 points on Tuesday. While the exact reason for the drop is not known, the developer was recently downgraded by Moody’s to Caa1 from B3 due to high refinancing risk and weakened liquidity. Moody’s...

Times China, Powerlong, Agile Buy Back $132mn of Bonds

by Amruth Sundarkumar | Mar 2, 2022 | China, High Yield Bonds

Chinese developers like Times China, Powerlong, Agile have bought back a combined $132mn of bonds based on Monday filings maturing across March and April 2022. The decline in prices across Chinese real estate company bonds has allowed them to buyback bonds at a steep...

Powerlong Proposes Spin-Off & Separate Listing of REIT

by Megha Malhotra | Aug 31, 2021 | Financial News

China’s Powerlong Real Estate Holdings Ltd has proposed a spin-off of its units of Powerlong REIT, post which it is expected to own less than 50% of the Powerlong REIT units. After the proposed spin-off, Powerlong REIT will conduct a global offering of its...

Powerlong’s Dollar Bonds Plummet up to 10 Points

Times China, Powerlong, Agile Buy Back $132mn of Bonds

Powerlong Proposes Spin-Off & Separate Listing of REIT

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SOVEREIGN DEBT RESTRUCTURING | MASTERCLASS

Powerlong’s Dollar Bonds Plummet up to 10 Points

Times China, Powerlong, Agile Buy Back $132mn of Bonds

Powerlong Proposes Spin-Off & Separate Listing of REIT

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