Newland Creditors in Informal Discussions
Oct 19, 2011
A majority of creditors holding US$220m in 9.5% 2014s issued by Newland International Properties are in informal discussions as they await a response from the company regarding a $31.4m payment due in November. The borrower will need more time but bondholders are likely to show some flexibility on payments rather...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.