Property News · March 18, 2016

Kaisa’s debt restructuring plan gains support from over 80 per cent of overseas creditors

Troubled Chinese developer Kaisa Group, which has been struggling to restructure its debt after defaulting on US dollar bonds, said it has won support from investors representing more than 80 per cent of its offshore debt claims.

Source : South China Morning Post
Read more…Kaisa’s debt restructuring plan gains support from over 80 per cent of overseas creditors