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The Nexus
BUSINESSJun 15 · 06:33 UTCSCMP WORLDCheryl Arcibal

Hong Kong developer Lai Sun seeks note swap in bid to ease liquidity pressure

Hong Kong developer Lai Sun Development has launched an exchange offer to swap its $493 million 5% notes due 2026 for new 8% notes to address liquidity pressures. The company, chaired by Peter Lam Kin-ngok, filed the proposal with the Hong Kong stock exchange.

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Lai Sun DevelopmentorganizationPeter Lam Kin-ngokpersonHong KongplaceHong Kong Stock ExchangeorganizationTourism Boardorganization
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