Kaisa adds $200m from bond tap

China property_Adobe_23July
By Morgan Davis
28 Jan 2021

Chinese property company Kaisa Group Holdings raised $200m from a rapid return to the debt market this week.

Wednesday’s transaction was the real estate firm’s second outing of 2021. The B1/B/B company was given an $800m offshore issuance quota at the start of the year. It first raised $300m earlier this month, when it tapped its outstanding 10.875% 2023 note.

For its return, the ...

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