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New World Development shares jump

New World Development shares jump after closing $11.2 billion refinancing deal

Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 billion ($11.2 billion) loan refinancing package earlier in the week.

The Manila Times on MSN · 4d

HK’s New World Development gets $11-B refinancing deal

HONG Kong builder New World Development said on Monday it had received commitments for a HK$88.2-billion ($11.24-billion) loan refinancing package, as the property developer finalizes a crucial lifeline in a struggling market.

The Financial Times · 3d

Hong Kong property group’s shares jump 11% after refinancing talks close

Under Adrian Cheng, a grandson of New World’s founder, the company took on projects such as a megamall and office development next to Hong Kong’s airport © Lam Yik/Bloomberg Hong Kong property group’s

Reuters on MSN · 5d

Hong Kong's New World Development gets crucial $11 billion refinancing deal

By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a HK$88.2 billion ($11.24 billion) loan refinancing package, as the property developer finalises a crucial lifeline in a struggling market.

New San Diego musical to explore the world of karaoke bars

Lyndon Pugeda is music director for “Karaoke Dreams” and Micah Parra is the show’s choreographer. For “Karaoke Dreams” The ...

21hon MSN

New renderings for Camping World Stadium upgrades revealed

New architectural renderings related to proposed upgrades to Camping World Stadium were recently released by the city of Orlando. The designs created by architectural firm DLR Group show the ...

Ayala Land Buys Philippine Hotel From Cash-Strapped New World

The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.

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