Kaisa bonds sink to new lows on fresh default fears
Wed, Jan 07, 2015 - 5:50 AM
Hong Kong
BONDS of Kaisa Group Holdings Ltd fell to record lows amid speculation the Chinese developer will miss more debt obligations this week and as Standard & Poor's cut its credit rating to selective default.
The company's US$800 million of 8.875 per cent notes due 2018...
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