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Hong Kong developer Road King defaults on debt payments

Summary by South China Morning Post
Listed firm suspends nearly US$80 million in interest payments and distributions while seeking restructuring discussions with creditors.

4 Articles

BloombergBloomberg
Lean Left

One of China’s Few Surviving Builders Makes U-Turn on Debt Plans

Chinese developer Road King Infrastructure Ltd. is suspending all offshore debt payments, a reversal from a couple of months ago when it said it expected to have enough cash to pay interest on borrowings this year.

·United States
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South China Morning PostSouth China Morning Post
Reposted by
BizTocBizToc
Center

Hong Kong developer Road King defaults on debt payments

Listed firm suspends nearly US$80 million in interest payments and distributions while seeking restructuring discussions with creditors.

·Hong Kong
Read Full Article
Business TimesBusiness Times

Road King becomes first Hong Kong developer to default on offshore bonds

ROAD King Infrastructure has suspended coupon payments of US$22.62 million on its offshore bank debt, it said on Thursday, making it the first Hong Kong developer to default on its bond payments since the China property crisis.

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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Business Times broke the news in on Thursday, August 14, 2025.
Sources are mostly out of (0)

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