This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Goldman Said to be Interested in Buying Part of $11bn Loan to NWD at a Discount
December 19, 2025
Goldman Sachs is said to be looking to buy a portion of the debt owed by NWD. As per sources, Goldman has approached lenders to purchase parts of a $11bn loan at a discount of at least 15 cents on the dollar. The loan was given to NWD in June, making it one of the largest refinancing packages in Hong Kong, helping the developer just days before key debt deadlines at the time. Analysts note that the move by Goldman Sachs indicates value in the developer’s physical assets. Unlike some of the developer’s other debts, this loan is secured by high-value property, including the company’s headquarters. This collateral is said to act as a safety net if the developer fails to pay, wherein the lenders can claim the building. The sources added that talks were still only in preliminary stages and that there was no guarantee that a deal would materialize.
NWD’s dollar bonds were trading stable, with its 9% Perp trading at 95.8.
For more details, click here
Go back to Latest bond Market News
Related Posts:
Dr. Peng Telecom Seeks Extension of its Dollar Bonds
February 2, 2021
Cathay Sells $650mn 5.5Y Bond at 4.875%
May 11, 2021
Cathay’s Granted $1bn Loan Extension
June 9, 2021
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.