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Published on 12/14/2018 in the Prospect News Emerging Markets Daily.

New Issue: China’s Kaisa prices $300 million 12% notes due 2019

By Rebecca Melvin

New York, Dec. 14 – Kaisa Group Holdings Ltd. announced Friday it has priced $300 million 12% senior notes due 2019, according to a listing announcement.

The notes, sold via lead manager and bookrunner China Citic Bank International, will be listed on the SGX-ST on Monday.

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

Issuer:Kaisa Group Holdings Ltd.
Issue:Senior notes
Amount:$300 million
Maturity:2019
Bookrunners:China Citic Bank International
Coupon:12%
Pricing date:Dec. 14
Listing date:Dec. 17

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