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Prospect News home > News index > List of issuers K > Headlines for Kaisa Group Holdings Ltd. > News item
Published on 10/20/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kaisa repurchases $24 million of 6¾% notes, $21 million 11¾% notes

By Taylor Fox

New York, Oct. 20 – Kaisa Group Holdings Ltd. repurchased $24 million in principal amount of its 6¾% notes due 2021 and $21 million of its 11¾% notes due 2021, according to a company announcement.

The repurchased notes will be canceled.

Following the repurchase, $376 million of the 6¾% notes will remain outstanding and $379 million of the 11¾% notes will remain outstanding.

Kaisa is a Shenzhen, China-based property development company.


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