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Media OutReach

Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too

BERLIN, GERMANY – Newsaktuell – 8 December 2021 – The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments on December 6, 2021. The previous Friday, the company officially admitted for the first time that it was in the very deepest financial trouble. The debts …

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CHINA EVERGRANDE GROUP – Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too​

BERLIN, GERMANY – Newsaktuell – 8 December 2021 – The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments on December 6, 2021. The previous Friday, the company officially admitted for the first time that it was in the very deepest financial trouble. The debts …

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HSBC And Chinachem Group Sign Bilateral Sustainability-linked Loan of HKD1 Billion

HONG KONG SAR – Media OutReach – 8 December 2021 – HSBC and Chinachem Group (the “Group” or “Chinachem”) announced today the arrangement of a three-year sustainability-linked loan facility of HKD1 billion to support the Group’s general working capital and capital expenditure in accordance with its sustainability objectives. The transaction reinforces the ongoing commitment …

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Chubb appoints Kevin Bogardus to lead Singapore’s business

SINGAPORE – Media OutReach – 8 December 2021 – Chubb today announced the appointment of Kevin Bogardus as the Country President for its Singapore business, subject to regulatory approval. Mr. Bogardus replaces Scott Simpson who has been appointed as President for Chubb’s operations in Hong Kong and Macau.   In his new role …

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