New World Development offers US$1.9 billion debt swap to boost liquidity

scmp.com/business/article/3331284/new-world-development-offers-us19-billion-debt-swap-boost-liquidity

Heavily indebted New World Development (NWD) has launched exchange offers for US$1.9 billion of its outstanding perpetual securities and notes to optimise its debt profile, enhance its liquidity and improve its financial position amid a challenging property market.
The exchange offers…

This story appeared on scmp.com, 2025-11-03 04:48:03.
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