CreditSights News & Blog

Country Garden default talk swirls as offshore debt deadline passes Reuters

Country Garden default talk swirls as offshore debt deadline passes

A Country Garden $15 million coupon payment deadline has expired without word of payment.

Siobhan HodsonArticle published date: October 13, 2023

World Business Report: President Xi reaffirms commitment to Russian relationship BBC

World Business Report: President Xi reaffirms commitment to Russian relationship

Chinese president Xi Jinping reaffirmed close economic ties with Russia.

Siobhan HodsonArticle published date: October 13, 2023

Hong Kong property barons’ perpetual debt too good to be true? Forbes

Hong Kong property barons’ perpetual debt too good to be true?

Investors can no longer take Hong Kong developers' debts for granted.

Siobhan HodsonArticle published date: October 13, 2023

China’s Country Garden succumbs to debt crisis after sales plunge Wall Street Journal

China’s Country Garden succumbs to debt crisis after sales plunge

Chinese property giant Country Garden failed to make an international debt payment and warned that…

Siobhan HodsonArticle published date: October 10, 2023

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp Reuters

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp

Country Garden could be the next company to join a growing list of Chinese developers…

Siobhan HodsonArticle published date: October 10, 2023

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices South China Morning Post

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices

Sunac China Holdings is a step closer to resolving its debt crisis.

Siobhan HodsonArticle published date: October 5, 2023

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat Fortune

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat

Is Elon Musk looking to buy back X's debt at a steep discount?  

Siobhan HodsonArticle published date: October 4, 2023

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome Bloomberg

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome

Shares of Anil Agarwal's Vendanta Ltd. rose after the tycoon announced an overhaul of his…

Siobhan HodsonArticle published date: October 3, 2023

China Evergrande shares jump as trade resumes Wall Street Journal

China Evergrande shares jump as trade resumes

China Evergrande Group's shares rose sharply as trading in the beleagured property developer resumed.  

Siobhan HodsonArticle published date: October 3, 2023