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    17 — New World Development News Story

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    Property developer New World seeks to extend debt maturities with bond exchange offer

    Picture of New World Development logoNew World Development
    06/10/2026 01:18
    Property developer New World seeks to extend debt maturities with bond exchange offer
    Oct 6 (Reuters) - New World Development 0017.HK said on Tuesday it has asked bondholders to swap some of its debt due in 2027 and 2028 for new notes maturing in 2032, as the Hong Kong developer seeks to extend its repayment schedule and improve liquidity.
    The company said a newly established unit plans to issue up to $600 million of new 7.375% secured notes due 2032 in exchange for existing notes.

     (Reporting by Roshan Thomas in Bengaluru; Editing by Subhranshu Sahu)
     ((Roshan.Thomas@thomsonreuters.com;))

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