Tue 01/18/2022 21:00 PM
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Relevant Documents:
1H’21 Interim Report
2020 Annual Report
2020 Corporate Presentation
September 2021 Offering Memorandum (OM)
$500 Million 5.2% Senior Notes Due 2025 (2025 OM)
Shanghai Shimao International Plaza RMB 6.5bn ABS 2017 Prospectus
Excel Tear Sheet on Reorg Analysis Page
 
Reorg Asia’s Highlights:
  • Shimao’s trust financing default has potential cross default implications to other parts of its capital structure, including its offshore USD notes;
  • 2022 short-term liquidity gap...
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