A Chinese real estate developer has warned it might not be able to pay a $400 million bond due next week, adding to financial strain in an industry that is struggling to avoid defaults on billions of dollars of debt.
The Associated Press
Kaisa Group Holdings Ltd., headquartered in Hong Kong, said it tried to renegotiate the debt due Tuesday but too few bondholders agreed to unspecified terms. It did not say if there was a grace period before it would be declared in default, which can trigger requirements to repay other debt immediately.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Megan Thee Stallion & Young Thug’s Label 300 Entertainment Close to WMG Sale300 Entertainment, the record label of Megan Thee Stallion and Young Thug, is close to finalizing a deal worth around $400 million to sell to Warner Music Group, sources tell Billboard. The acquisi…
Les mer »
Here’s How to Know You Had an OrgasmIt’s not always as explosive as movies make it seem.
Les mer »
Mixed Personality Disorders Are More Common Than You ThinkPatients often show signs of two or more personality disorders occurring at the same time. Here's why—and how they can be treated effectively, writes Newtherapisthub
Les mer »
9-Year-Old Penelope Disick Just Revealed Her Go-To Beauty Products & No, I’m Not KiddingIt's not all Kylie Skin and Kylie Cosmetics... Believe it or not. 👀
Les mer »
Mortadella Wedge SaladIt's not like a regular wedge, it's a cool wedge—and by 'cool' we mean stuffed with pickled jalapeños and paper-thin slices of mortadella and drizzled with a tangy buttermilk dressing.
Les mer »
PG&E to pay $125 million in fines and penalties under Kincade fire settlementThe California Public Utilities Commission approved the penalties for violations linked to the start of the 2019 Kincade fire, which burned more than 77,000 acres in Sonoma County.
Les mer »