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New World seeks to extend debt maturities with bond exchange offer

HONG KONG: New World Development 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.

New World seeks to extend debt maturities with bond exchange offer

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

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