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China's Kaisa plans international notes offer through Credit Suisse, JPM
By Jennifer Chiou
New York, March 11 - Kaisa Group Holdings Ltd. announced plans for an international offering of senior notes with Credit Suisse Securities (Europe) Ltd. and J.P. Morgan Securities plc as joint global coordinators.
Credit Suisse, J.P. Morgan, HSBC and Industrial and Commercial Bank of China (Asia) Ltd. are the joint lead managers and bookrunners.
Proceeds will be used to partially refinance the company's 13.5% senior notes due 2015, to fund existing and new property projects and for general corporate purposes.
Kaisa Group is a Shenzhen, China-based property development company.
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