Property developer Novaland has bond payment terms extended

Property developer Novaland has bond payment terms extended

Vietnam's leading real estate developer Novaland has stricken deals with its bondholders to prolong payment terms as the government’s Decree 08, effective on March 5, allows corporate issuers to do so to help them ease cashflow troubles.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hung Thinh Land secures extended bond payment terms

Hung Thinh Land secures extended bond payment terms

Real estate developer Hung Thinh Land, which is facing cash flow challenges, has reached deals with its bondholders to extend payment terms, following the government’s Decree 08 which allows bond issuers to do so.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7