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Published on 11/4/2019 in the Prospect News Emerging Markets Daily.

China’s Kaisa plans add-on to 10 7/8% senior notes due 2023

By Wendy Van Sickle

Columbus, Ohio, Nov. 4 – Kaisa Group Holdings Ltd. plans to price an add-on to its 10 7/8% senior notes due 2023, according to a notice.

The notes would be consolidated and form a single series with the $300 million of 10 7/8% senior notes the company priced at 99.604 on July 16.

BOC International, Credit Suisse, Deutsche Bank and Haitong International are joint lead managers for the Regulation S add-on offering.

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


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