Hong Kong's New World asks banks to extend loan due dates, Bloomberg News reports

Reuters

2024/12/18

Dec 18 (Reuters) - Hong Kong property developer New World Development is in talks with banks to extend the due dates of some bilateral loans, Bloomberg News reported on Wednesday, citing people familiar with the matter.

The company did not immediately respond to a Reuters request for comment.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Abinaya Vijayaraghavan)

((rishabh.jaiswal@thomsonreuters.com;))

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