New World Development launches up to $1.9 billion debt exchange
03/11/2025 01:11
Nov 3 (Reuters) - Hong Kong property developer New World Development 0017.HK has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an exchange filing on Monday. (Reporting by Rajasik Mukherjee; Editing by Subhranshu Sahu) ((Rajasik.Mukherjee@thomsonreuters.com;))
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