New World Development launches up to $1.9 billion debt exchange

Reuters

11/03

<a href="https://laohu8.com/S/NWC.AU">New World</a> Development launches up to $1.9 billion debt exchange

Nov 3 (Reuters) - Hong Kong property developer New World Development 0017.HK has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an exchange filing on Monday.

(Reporting by Rajasik Mukherjee; Editing by Subhranshu Sahu)

((Rajasik.Mukherjee@thomsonreuters.com;))

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