ASIA CREDIT CLOSE: Traders in dark amid Kaisa coupon uncertainty

April 20, 2015 8:42 AM

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SINGAPORE, April 20 (IFR) - The bonds of Kaisa Group Holdings were "all over the place", said one high-yield trader after the end of the grace period on Saturday for the missed coupon on the developer's 2017 bonds.

One bondholder said he had no idea if the coupon payment had been made, while Kaisa had yet to make an announcement on the matter.

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