28/02/22
Chinese developer Modern Land’s debt-restructuring proposal “appears to be fair” and most bondholders are expected to accept it, says Lucror Analytics...
27/02/22
The lack of deals will “decimate” arrangers’ fees and desks may be “downsized, given there is little hope of a recovery this year,” said Charles Macgr...
25/02/22
Leonard Law, a senior credit analyst at research firm Lucror Analytics, said bondholders will accept exchange offers if the terms are seen as fair. "A...
China builder Logan Group Co.’s plunging dollar bonds are set for their worst week ever as concerns about its financial health resurface....
24/02/22
Leonard Law, senior credit analyst at research firm Lucror Analytics, said Moody’s latest downgrade is within expectations as Shimao’s liquidity has b...
23/02/22
Research firm Lucror Analytics said option B "appears a better choice", given the upfront cash payment and inclusion of a cash incentive, senior credi...
22/02/22
Shu Hui Woon, a credit analyst at Lucror Analytics, wrote in a note that the action is "disappointing but unsurprising", considering Zhenro's announce...
21/02/22
Leonard Law, senior credit analyst at Lucror Analytics, wrote on Monday that the proposal was "highly disappointing and akin to a distressed restructu...
Shares and international bonds of Zhenro Properties slumped further on Monday after it said existing internal resources might be insufficient to repay...
17/02/22
Poor investor communications this week “resulted in an evaporation of confidence” in Chinese builder Zhenro, said Leonard Law of Lucror Analytics....
14/02/22
Boosting sales may be a more complicated challenge to tackle, said Charles Macgregor, Asia head at the credit-research firm Lucror Analytics. Buyers a...
11/02/22
“It is understandable if Zhenro wishes to conserve its cash, as homes sales in February are expected to remain weak across the industry,” said Leonard...
09/02/22
Government’s approach to easing appears targeted toward achieving social goals and not widespread efforts to lift the property sector, said Charles Ma...