China developer Kaisa says has made progress in debt restructuring talks

October 30, 2015 5:25 AM

28 0

HONG KONG Oct 30 Debt-laden property developer Kaisa Group Holdings, the first Chinese developer to default on offshore bond coupon payments, has pushed ahead with a possible deal with offshore bondholders, a spokesman said on Friday.

Kaisa spokesman Smith Li also said an agreement with onshore bondholders could happen "as soon as possible", without providing details.

Also read: Kraft Heinz Takeover Bid Shakes Up Big Food and Its Slow Growth

Read more

To category page

Loading...