kaisa

Kaisa paying up to join year-end bond financing rush

Unfazed by trade war fears, the Shenzhen property developer and recent defaulter raised $300 million from a US dollar one-year bond. It is arguably the year's priciest Asian high-yield issue.
December 11, 2018

Kaisa channels its inner white knight

It's been a long hard road for the Chinese property company as it completes final and unexpectedly difficult step back to normal operations with bond exchange and new issue.
June 23, 2017

Kaisa's offshore bondholders to lose out

Offshore bondholders will suffer at the expense of equity holders in the Chinese developer’s latest debt-restructuring proposal, defying common capital structure norms.
March 09, 2015

Kaisa sells properties but no white knight

Troubled property developer Kaisa raises $369 million from the sale of prime property sites to Sunac China but investors hoping for a white knight dump its bonds.
February 02, 2015

Kaisa looms over FA bond event

Portfolio managers’ view towards Asian high yield will depend on how the developer handles its February 7 payment.
February 02, 2015