New World Development Defers Perpetual Securities Distribution Due March 7, 2026

Reuters
Yesterday
<a href="https://laohu8.com/S/NWC.AU">New World</a> Development Defers Perpetual Securities Distribution Due March 7, 2026

New World Development Company Limited said NWD Finance (BVI) Limited has elected to defer the distribution payment on its US$1.3 billion guaranteed senior perpetual capital securities (ISIN: XS1960476387) that was scheduled for 7 March 2026. The guarantor confirmed an Optional Deferral Event has occurred and is continuing.

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