by Amruth Sundarkumar | Sep 6, 2021 | Corporates, Credit Ratings, High Yield Bonds
Xinyuan Real Estate and its senior unsecured notes have been downgraded by Fitch to CCC from B- on account of heightened refinancing risk on its outstanding $229mn 14.2% bonds due October 2021 and internal control weaknesses, as highlighted by the continued delay in...
by bondevalue | May 6, 2021 | China, High Yield Bonds
Chinese property developer Xinyuan Real Estate saw their dollar bonds fall ~10% late on Wednesday as the company delayed their earnings release. Xinyuan noted that the delay was due to the company’s Audit Committee and advisors conducting an independent review of...
