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The Nexus
BUSINESSJun 15 · 06:33 UTCSCMP CHINACheryl Arcibal

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

Hong Kong developer Lai Sun Development is offering an exchange for its US$493 million 5% guaranteed notes due July 2026, allowing holders to swap for new 8% senior guaranteed notes. The company aims to alleviate short-term liquidity pressures through this move.

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Mentioned
Lai Sun DevelopmentorganizationPeter Lam Kin-ngokpersonHong Kong Tourism BoardorganizationUS$493 million 5% guaranteed notes due July 2026topic8% senior guaranteed notestopicHong Kong Stock Exchangeorganization
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