Kaisa returns for HK$4bn construction loan
Chinese real estate company Kaisa Group Holdings has launched a HK$4.015bn ($518m) loan to support the construction of a residential building in Hong Kong.
China Citic Bank International is the sole mandated lead arranger and bookrunner for the facility, according to a source close to the situation.
The deal has a tenor of 4.5 years with a bullet repayment structure. It offers a margin of 210bp over Hibor.Lenders can ...