by Amruth Sundarkumar | Mar 25, 2022 | China, High Yield Bonds
Greenland Holdings’ dollar bonds have been trending higher this week. While the exact reason for the rally was not known, the rally comes despite details of its financial troubles breaking out on March 15, where sources said that SOEs stepped-in to rescue the...
by Amruth Sundarkumar | Mar 24, 2022 | China, Distressed / Defaulted Bonds, High Yield Bonds
Sunac China has sought to get a payment extension of two years on its local RMB 4bn ($628mn) bond due April 1. In return, Sunac’s chairman Sun Hongbin has offered to provide an unlimited joint liability guarantee. This comes just after Sunac said that it will...
by bondevalue | May 18, 2021 | Asian Dollar Bonds
Hong Kong based real estate developer Road King Infrastructure (RKI) is set to have its third consecutive weekend of bumper sales, having sold over 70% of the units on offer this past weekend. RKI, rated Ba3/BB-, sold 120 units out of the 168 units on offer at its...
