South China Morning Post CENTER (0.0) Reliability: 7.5/10

New World Development offers US$1.9 billion debt swap to boost liquidity

✍️ Salina Li 📅 November 03, 2025 12:48 PM 🕐 Scraped: November 03, 2025

Summary: The Hong Kong-listed developer will raise up to US$1.6 billion in new perpetual securities and around US$300 million in fresh notes.

Heavily indebted New World Development (NWD) has launched exchange offers for US$1.9 billion of its outstanding perpetual securities and notes to optimise its debt profile, enhance its liquidity and improve its fin

📰

Continue Reading on South China Morning Post

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →

How do you feel about this article?

Read Original Article →

📝 Article Information

Author

Salina Li

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

November 03, 2025 at 12:48 PM

ℹ️

Disclaimer

ArkforgeAI.com - Newsource is a news aggregation platform. We do not create, write, or produce original news content. All articles are sourced from their respective publishers and remain the property of their original creators. We analyze and aggregate news from multiple sources to provide diverse perspectives across the political spectrum.

The content displayed here is for informational purposes only. For the complete and original article, please visit the source's website using the "Read Original Article" link above.

Desktop Only