US investors get in on Kaisa’s latest dollar bond

By Addison Gong
16 Oct 2019

Chinese real estate company Kaisa Group Holdings chose to go down the 144A route for its latest bond, raising $400m from a deal that hit the higher end of its size expectations.

Kaisa had already come to the Reg S market five times so far in 2019, raising a total of $1.95bn. But for its latest dollar bond, the issuer opted for the 144A/Reg S format.

The last 144A deal from the company dates back to March 2013, according ...

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