Kaisa reprices curve with opportunistic bond sale
Chinese property developer Kaisa Group Holdings reset the price for all of its bonds on Wednesday when it sold a $300m sub-one year note.
Kaisa, rated B1/B/B, is a prolific issuer in the dollar market. It has sold three bonds totalling $1.2bn this year. The first two dollar bonds were sold in January and the next in February, according to Dealogic. While the January bonds will mature in 2025, the