Country Garden Bondholders Approve Delays on Yuan Bond Payments [Yahoo! Finance]
COUNTRY GARDEN HL UNS/ADR (CTRYY)
NASDAQ:AMEX Investor Relations:
en.bgy.com.cn
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Bondholders approved a payment extension on Country Garden's 4.5% note due 2026 late Wednesday after its main onshore unit delayed the voting deadline multiple times. Payment delays on eight other bonds were granted earlier this month, the people said, citing private conversations. Country Garden didn't immediately respond to a request for comment. The payment delays offer Country Garden some breathing room as its seeks to draw up a fresh holistic restructuring plan. But onshore bondholders will now have to wait longer to recoup part of their losses from the defaulted developer. Country Garden sought the six-month extensions after failing to secure enough cash to repay principal and interest on the yuan notes. Three of the bonds that were granted delays had already gotten extensions twice before, including a 4.8% note, a 6.3% note and another 4.8% bond. Once China's biggest developer by sales, Country Garden has seen a sharper slowdown than its pe
Show less
Read more
Impact Snapshot
Event Time:
CTRYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTRYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTRYY alerts
High impacting COUNTRY GARDEN HL UNS/ADR news events
Weekly update
A roundup of the hottest topics
CTRYY
News
- A Chinese Cautionary Tale For The United States [Seeking Alpha]Seeking Alpha
- Country Garden Services to sell stake in Zhuhai Wanda for $446 million [Yahoo! Finance]Yahoo! Finance
- Chinese central bank unveils economic stimulus package [Yahoo! Finance]Yahoo! Finance
- China unveils fresh stimulus to boost economy [Yahoo! Finance]Yahoo! Finance
- China Levies Record Penalty on PwC Over Evergrande Fraud [Yahoo! Finance]Yahoo! Finance