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New World Development To Exchange And Cancel Existing Notes

By Reuters News

Oct 21 (Reuters) - New World Development Company Limited 0017.HK:

  • COMPANY TO EXCHANGE AND CANCEL EXISTING NOTES TOTALING $199.28 MILLION ON FINAL PAYMENT DATE

  • VD BONDCO TO ISSUE NEW VD NOTES TOTALING $189.32 MILLION

  • FINAL PAYMENT DATE IS EXPECTED TO BE 23 OCTOBER

  • NEW VD BONDCO TO ISSUE ADDITIONAL $190,000 IN AGGREGATE PRINCIPAL AMT OF NEW VD NOTES, OTHERS


Further company coverage: 0017.HK

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