Chinese developer Kaisa offers bond exchange to avoid potential default

2021-11-24

November 25, 2021 11:40 AM

HONG KONG (BLOOMBERG) – Chinese developer Kaisa Group Holdings began an exchange offer for at least US$380 million (S$520 million) of bonds to avert a default during the nation’s real estate cash crunch.

Source : http://www.straitstimes.com/business/property/chinese-developer-kaisa-offers-bond-exchange-to-avoid-potential-default

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