Factbox: Upcoming coupon payments by Chinese property developers

Prosperous Future Holdings

04/11/2021 09:44

SHANGHAI, Nov 4 (Reuters) - A missed payment by Chinese
property developer Kaisa Group Holdings Ltd  1638.HK  on a
wealth management product has added to investors' worries about
a liquidity crisis in the Chinese property sector as developers
face looming debt repayments.    
    Following is a list of total coupon payments due for
high-yield U.S. dollar bonds issued by Chinese property firms,
by month, through March 2022, according to Refinitiv data:
    
 Month      Total coupons due
 Nov. 2021  $338.16 million
 Dec. 2021  $676.97 million
 Jan. 2022  $1.16 billion
 Feb. 2022  $433.47 million
 Mar. 2022  $601.65 million
    
    Following is a list of upcoming coupon payments for
high-yield U.S. dollar bonds issued by Chinese property firms
through the end of November:    
    
     Bond      Outstanding    Next       Next          RIC
                 amount      coupon     coupon    
                              date      amount    
 SCENERY       $590         06-Nov-2  $40.56       CN190367193= 
 JOURNEY       million      021       million     
 13.75% Nov                                       
 2023                                             
 SCENERY       $645         06-Nov-2  $41.93       CN190367185= 
 JOURNEY 13%   million      021       million     
 Nov 2022                                         
 CENTRAL CN    $400         08-Nov-2  $13.50       KY151296637= 
 REAL 6.75%    million      021       million     
 Nov 2021                             (at         
                                      maturity)   
 POWERLONG     $300         08-Nov-2  $10.69       KY207855634= 
 7.125% Nov    million      021       million     
 2022                                             
 ZHENRO        $300         06-Nov-2  $13.73       VG207602698= 
 PROPTS 9.15%  million      021       million     
 May 2023                                         
 CENTRAL       $200         07-Nov-2  $7.90        VG207639818= 
 CHINA 7.9%    million      021       million     
 Nov 2023                                         
 CIFI HLDG     $500         07-Nov-2  $16.13       KY207578410= 
 GRP 6.45%     million      021       million     
 Nov 2024                                         
 KWG PROPERTY  $625         10-Nov-2  $18.36       VG171663130= 
 5.875% Nov    million      021       million     
 2024                                             
 KAISA GRP     $500         12-Nov-2  $29.88       KY207824798= 
 HLDG 11.95%   million      021       million     
 Nov 2023                                         
 KAISA GRP     $500         11-Nov-2  $29.25       KY233839825= 
 HLDG 11.7%    million      021       million     
 Nov 2025                                         
 POWERLONG     $200         13-Nov-2  $4.90        KY234188291= 
 4.9% May      million      021       million     
 2026                                             
 CIFI HLDG     $350         13-Nov-2  $9.19        KY225182272= 
 GRP 5.25%     million      021       million     
 May 2026                                         
 HUAYUAN       $200         16-Nov-2  $11.00       CN190630650= 
 PROPERTY 11%  million      021       million     
 Nov 2021                             (at         
                                      maturity)   
 AGILE GROUP   $450         17-Nov-2  $12.38       VG234362771= 
 5.5% May      million      021       million     
 2026                                             
 CIFI HLDG     $150         17-Nov-2  $3.60        KY234249959= 
 GRP 4.8% May  million      021       million     
 2028                                             
 JINGRUI       $350         19-Nov-2  $25.38       KY224290659= 
 HOLDINGS      million      021       million     
 14.5% Feb                                        
 2023                                             
 ZHONGLIANG    $300         20-Nov-2  $12.75       KY234121405= 
 HLDGS 8.5%    million      021       million     
 May 2022                                         
 REDSUN        $210         21-Nov-2  $7.67        KY232850884= 
 PRPTIES 7.3%  million      021       million     
 May 2024                                         
 LOGAN         $450         23-Nov-2  $11.81       KY161859753= 
 PROPERTY      million      021       million     
 5.25% Feb                                        
 2023                                             
 CENTRAL       $300         24-Nov-2  $11.63       VG226203036= 
 CHINA 7.75%   million      021       million     
 May 2024                                         
 AGILE GROUP   $200         25-Nov-2  $7.75        VG208152467= 
 7.75%         million      021       million     
 Perpetual                                        
 REDCO         $150         27-Nov-2  $9.75        KY217838231= 
 PROPERTIES    million      021       million     
 13% May 2023                                     
 JINKE         $325         28-Nov-2  $11.13       CN233834700= 
 PROPERTY      million      021       million     
 6.85% May                                        
 2024                                             
 YUZHOU        $486         27-Nov-2  $20.17       KY208504550= 
 PROPTS 8.3%   million      021       million     
 May 2025                                         
 TIMES CHINA   $300         30-Nov-2  $9.90        VG172530885= 
 HLDG 6.6%     million      021       million     
 Mar 2023                                         
 LOGAN         $350         30-Nov-2  $12.25       HK161983829= 
 PROPERTY 7%   million      021       million     
 Perpetual                                        
    

 (Reporting by Andrew Galbraith, Editing by Louise Heavens)
 ((Andrew.Galbraith@tr.com; +86 21 2083 0079; Reuters Messaging:
andrew.galbraith.thomsonreuters.com@reuters.net ; Twitter: https://twitter.com/apgalbraith))