HK's New World Development clinches $11b loan refinancing deal to avert default

FILE PHOTO: A man walks past the headquarters of New World Development at New World Tower, in Hong Kong, China September 27, 2024. REUTERS/Tyrone Siu/File Photo

Reuters

30 June, 2025

China property crisis New World Development

Printed by Unregistered user on Tue, 04 Nov 2025 01:50:35 GMT

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HK's New World Development clinches $11b loan refinancing deal to avert default

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HK's New World Development clinches $11b loan refinancing deal to avert default

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Bring stories like this into your inbox every day.

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You may also like

New World Development shares jump as it promises to raise cashflow, cut debt

New World Development set to log $875m H1 loss amid debt crisis

Read more from Greater China

Five HK family offices join hands to launch $100m private credit fund

Boyu Capital to buy up to 60% stake in Starbucks China in $4b deal