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Wednesday, December 8, 2021

Chinese Property Developer Kaisa Proposes $400 Million Debt Swap

Kaisa, which in 2015 became one of the first Chinese developers to default abroad, warned it risked reneging on its international debts again unless creditors agreed to the bond swap.Kaisa, which in 2015 became one of the first Chinese developers to default abroad, warned it risked reneging on its international debts again unless creditors agreed to the bond swap.

Source : WSJ.com: US Business Read More

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