(Bloomberg) Chinese developer Sino-Ocean Group Holding Ltd. told a key group of its dollar bond creditors that it will prioritize repaying its local debt, according to people familiar with the matter.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetMusk Says First Neuralink Patient Received Implant in BrainBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsAmazon Drops iRobot
(Bloomberg) Chinese property developer Sino-Ocean Group Holding Ltd. told some bondholders that it plans to extend all its local yuan bonds outstanding, including pushing back maturities of four notes by up to 30 months, according to people involved in the private conversations. Most Read from BloombergSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughAmazon’s Twitch to Cut 500 Employees, About 35% of StaffGoogle Lays Off Hundreds in Hardware, Voice Assistant TeamsSEC Says FBI Is Inves