US investors get in on Kaisa’s latest dollar bond

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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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