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New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people familiar with the matter.
New World Development Co.'s dollar bonds are set to reach their highest levels this month as the company nears a crucial loan refinancing deal. The company's bonds rose 2 to 3 cents across ...
New World Development (OTCPK:NDVLY) is reportedly looking for more banks to join an up to HK$15.6 billion ($2 billion) loan backed by its key asset, Victoria Dockside, as the cash-strapped company ...
New World Development announced on May 30, 2025, the deferral of interest payments for four perpetual bonds originally due June 9-22. NWD previously shared that contracted sales for fiscal 2025 ...
The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.
HONG KONG, June 2 (Reuters) - New World Development (0017.HK), a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments on ...
Shares of Hong Kong property developer New World Development tumbled after it said late Friday that it plans to defer interest payments on four of its perpetual securities. Its shares fell 7.5% to ...
Hong Kong property developer New World Development said on Friday it would defer coupon payments scheduled for June on perpetual bonds, casting further liquidity concerns for the cash-strapped firm.
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