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Published on: November 25, 2021 at
China's Kaisa Offers Bond Exchange to Ease Cash Crunch
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China's Kaisa Offers Bond Exchange to Ease Cash Crunch
China's Kaisa Group Holdings Ltd. began an exchange offer for at least $380 million of bonds for new notes with the same coupon maturing in 2023 as the property developer seeks to ease the cash crunch. Sofia Horta e Costa reports on "Bloomberg Markets: Asia."
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