Kaisa, Greenland continue property bond onslaught

china property px230
By Addison Gong
06 Nov 2019

Kaisa Group Holdings and Greenland Holding Group Co joined a slew of Chinese real estate companies to rush to the offshore market this week, using up the remainder of their regulatory quotas.

After already pricing a $300m four non-call two year bond at 11.95% on Monday, Kaisa almost immediately came back to the dollar market for another transaction, reopening an existing $300m 10.875% 2023 from July in a bid to capture a hot market that has seen almost

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