Picture of New World Development logo

17 — New World Development News Story

0.000.00%
hk flag iconLast trade - 00:00
FinancialsSpeculativeMid CapValue Trap

Brief: New World Development To Exchange And Cancel Existing Notes

BRIEF-New World Development To Exchange And Cancel Existing Notes

- New World Development Company Limited 0017.HK:

  • COMPANY TO EXCHANGE AND CANCEL EXISTING NOTES TOTALING $199.28 MILLION ON FINAL PAYMENT DATE

  • VD BONDCO TO ISSUE NEW VD NOTES TOTALING $189.32 MILLION

  • FINAL PAYMENT DATE IS EXPECTED TO BE 23 OCTOBER

  • NEW VD BONDCO TO ISSUE ADDITIONAL $190,000 IN AGGREGATE PRINCIPAL AMT OF NEW VD NOTES, OTHERS


Further company coverage: 0017.HK


((Reuters.Briefs@thomsonreuters.com;))

Recent news on New World Development

See all news