NEW WORLD DEVELOPMENT Aktie

 

Hong Kong developer New World Development Co. is returning to the spotlight this month as investors' focus turns to its plan to raise as much as $2 billion through a new loan, just days after closing a record refinancing deal....

New World Development Co. shares surged to the highest level this year after the company closed a record $11.2 billion loan refinancing package, helping ease investor anxiety....

NEW WORLD DEV (00017.HK) has reached a new bank financing agreement covering HKD88.2 billion in existing overseas unsecured financial debt.The company opened 7.02% higher today and once climbed to a peak of HKD6.25. It last traded at HKD6.24, up 9.47%, with a volume of 15.4626 million shares, involving HKD94.0657 million.Accordi......

New World Development Co.'s third-generation heir Adrian Cheng has completely quit the beleaguered Hong Kong property developer less than a year after stepping down as chief executive officer....

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the company back from the brink of default. The refinancing package includes multiple tranches of bank loans with varying maturities, with June 30, 2028, being the earliest, the developer said in an exchange filing on Monday. The package would “allow the group more flexibility to better manage its expected......

Distressed Hong Kong builder New World Development Co. has closed a HK$88.2 billion ($11.2 billion) loan refinancing deal, formally concluding months of negotiations with banks for the largest-ever such borrowing in the city....

Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of HK$26 billion (US$3.3 billion) and winning a commitment from creditors to refinance HK$87.5 billion of its debt, people familiar with the matter said on Friday. With a strong sales response for its jointly owned Deep Water Pavilia project in Wong Chuk Hang on the south side of Hong Kong Island, NWD was expected to hit the contracted sales target for the financial......

FE CONSORT INTL (00035.HK) has recently announced its annual results. Executive Director, Chairman, and CEO David Chiu described this year's performance as the worst in 20 years, mainly due to write-downs and impairments related to the joint development of the Pavilia Forest project in Kai Tak with NEW WORLD DEV (00017.HK).H......

NEW WORLD DEV (00017.HK) opened 2.74% higher at $5.99. Trading volume was 1.278 million shares, involving $7.655 million.NEW WORLD DEV has received written commitments from all participating lending banks, initially agreeing to its $87.5 billion refinancing plan, according to Bloomberg. The transaction requires final approval pr......

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, bringing it closer to finalizing a critical lifeline just days before a deadline....

Media reported that NEW WORLD DEV (00017.HK) may soon finalize a $87.5 billion loan refinancing deal, with preliminary consent secured from all 50 existing bank lenders before this month's deadline, according to BofA Securities' research report. NEW WORLD DEV said yesterday (23rd) that its refinancing negotiations are st......

While New World Development Co.'s mounting debt has captured market attention and shaken one of Asia's wealthiest families, Hong Kong's smaller property firms have lenders on even higher alert....

New World Development Co.'s dollar bonds are poised to hit their highest levels this month as the company closes in on a crucial loan refinancing deal....

NEW WORLD DEV (00017.HK) opened rallying 2.1% today (20th) and once leaped by 6.4% to a peak of HKD5.15 in early trading. It last traded at HKD4.95, up 2.27%, with a turnover of 7.386 million shares, involving HKD36.7759 million.NWD is close to reaching an agreement on an HKD87.5 billion loan refinancing plan and has received pr......

NEW WORLD DEV (00017.HK) is close to reaching an agreement on an HKD87.5 billion loan refinancing plan and has received preliminary consent for the plan from all lending institutions, including banks that previously opposed it, Bloomberg reported, citing sources.It is understood that a few banks are still drafting formal written......

New World Development Co., one of Hong Kong's most indebted builders, is close to securing a crucial HK$87.5 billion ($11.1 billion) loan refinancing deal, according to people familiar with the matter, the culmination of months of negotiations as it raced to secure a lifeline amid a deepening liquidity crisis....

NEW WORLD DEV (00017.HK) has reached an agreement with Louis Vuitton, under which Louis Vuitton will open a store in K11 Musea by the end of next year, Bloomberg reported, citing sources familiar with the matter. This store will become one of Louis Vuitton's largest outlets in Asia.It is understood that NEW WORLD DEV will ch......

Hong Kong's New World Development Co. has secured an agreement with Louis Vuitton to open a new megastore in the financial hub, according to people familiar with the matter, as global luxury giants eye bigger, more unique spaces to lure wealthy shoppers....

NEW WORLD DEV (00017.HK) has paid the US dollar coupon due on Monday (16th), Bloomberg cited some creditors as reporting. The bond carries an interest rate of 5.875%, with a coupon interest payment of USD5.05 million due on Monday.As it does not include a deferred payment option, failure to pay within the 14-day grace period aft......

New World Development Co. has paid interest due Monday on a dollar note, according to several bondholders, giving the indebted Hong Kong builder some breathing room as it works to complete an HK$87.5 billion ($11.1 billion) loan refinancing deal....