EM ASIA CREDIT: New World (NWDEVL) looking to build confidence in liquidity
Jan-24 02:26
"*NEW WORLD: SUCCESSFULLY REFINANCED HK$17,761 MLN OF BANK LOANS" - BBG
- The company is looking to shore-up confidence in its ability to meet upcoming maturities, by announcing what it had achieved since July 2024 with regards to bank financing. New World has a large debt maturity wall, CNY9.6bn due this year, but it also must contend with upcoming perps. Though current distressed price levels indicate an acceptance of extension risks.
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MNI: CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS
Dec-25 01:22
- CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS
MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876
Dec-25 01:21
- CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876
MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
Dec-24 23:51
- MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
- JAPAN NOV SERVICES PPI +0.4% M/M: OCT UNREV +0.8%
