New World Launches Exchange Offer for Nearly $1 Billion of Bonds
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New World Development Co. kicked off an exchange offer for about $991 million of outstanding dollar notes, in the latest efforts by the stressed Hong Kong developer to extend maturities and shore up liquidity.
New World Development Co. kicked off an exchange offer for about $991 million of outstanding dollar notes, in the latest efforts by the stressed Hong Kong developer to extend maturities and shore up liquidity.
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