GC
Third time’s a charm for Kaisa
High yield property company Kaisa Group Holdings sold its third dollar bond of the year on Wednesday, riding on the high of its recent rating from Moody’s to raise $400m.
Kaisa had already raised $750m from two dollar bond sales this year, a 2021 note sold in February and a 2022 bond in April. The company was given an offshore issuance quota of $3bn for the year, but has indicated that it will only issue bonds
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