China’s Kaisa Group plans to launch offering of senior notes

By Marisa Wong

Morgantown, W.Va., April 1 – Kaisa Group Holdings Ltd. is proposing to conduct an international offering of senior notes, according to a company announcement.

Pricing will be determined through a bookbuilding exercise.

BOCI Asia Ltd., China Citic Bank International Ltd., Credit Suisse (Hong Kong) Ltd., Deutsche Bank AG, Singapore Branch and Haitong International Securities Co. Ltd. are the joint global coordinators, joint bookrunners and, along with Founder Securities (Hong Kong) Capital Co. Ltd., joint lead managers for the Regulation S offering.

Proceeds will be used to refinance existing debt.

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

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