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Property
CDL plans bond issue as Sincere Property defaults, and blame game begins
City Developments announced the issuance of a new bond as its join venture partner in China defaulted on a bond.
March 12, 2021
Property
Lack of reaction from CDL's price implies Sincere's bond default is factored in
Sincere Property Group misses bond payment and implies that City Development was tardy in its financial assistance.
March 12, 2021