24/07/23
Dalian Wanda Group Co. is selling a stake in one of its entertainment units for 2.26 billion yuan ($314 million), raising odds the Chinese conglomerat...
It is “unclear if Sands China [Ltd] would declare an interim dividend in our view, as we expect the company to prioritise deleveraging this year,” say...
21/07/23
Dalian Wanda Group Co.’s “corporate governance has taken a battering as a result of the flip-flopping,” said Charles Macgregor, head of Asia at Lucror...
18/07/23
“Evergrande’s successful publication would help to avert a forced delisting and advance the company’s debt restructuring,” said Leonard Law, senior cr...
If Wanda were to fail to repay the July bond, it would “be another nail in the coffin for Chinese high-yield property bonds,” said Charles Macgregor, ...
"The financial statements provide little evidence the group can normalise operations after a debt restructure," said Charles Macgregor, head of Asia o...
Charles Macgregor, head of Asia of Lucror Analytics, said he was not optimistic about Evergrande's results. "Results are meaningless if the business m...
"The financial statements provide little evidence the group can normalize operations after a debt restructure," said Charles Macgregor, head of Asia o...
04/07/23
The 2026 notes are already trading at “very distressed levels,” but may plunge further as “investors could be reluctant to proceed with a possible swa...
03/07/23
“The market is expecting more rate hikes in the US and more cuts in China,” said Leonard Law, senior credit analyst with Lucror Analytics Pte Ltd...
30/06/23
Bonds of Braskem Idesa due 2029 are up 3 cents on the dollar to 68 cents on Friday after the Mexico-based petrochemicals maker obtained a waiver exten...
15/06/23
The transaction will allow Azul to reduce refinancing risk and improve liquidity by extending its debt amortisation schedule, Lucror Analytics analyst...
13/06/23
Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying to recover the scraps from d...