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Lai Sun Development

Coverage of Lai Sun Development in the Nexus archive.

Earliest in view: Jun 15 · 06:33 UTCMost recent: Jun 15 · 06:33 UTC

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BUSINESSJun 15 · 06:33 UTCSCMP WORLD
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.
BUSINESSJun 15 · 06:33 UTCSCMP CHINA
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.