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Published on 6/25/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Kaisa redeems $250 million of 7¼% senior notes due 2020

Chicago, June 25 – Kaisa Group Holdings Ltd. has made an on-market repurchase of $250 million of the company’s 7¼% senior notes due 2020, according to a company news release.

After the repurchase, $540 million of the aggregate principal of the notes remain outstanding.

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


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