Sunday, March 8, 2015

Kaisa Group Holdings' Proposal Says No Haircut for Offshore Creditors

Chinese property developer Kaisa Group Holdings said Sunday it isn’t proposing a haircut to its offshore principal debt claims, but has offered sharper cuts to coupon payments for its offshore creditors as it seeks to speed up its debt-restructuring process.



from WSJ.com: US Business http://ift.tt/1NxbLGR

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