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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...

Real Estate

CDL Hospitality Trusts to sell Novotel hotel for S$375.9m, buy W Singapore hotel for S$324m

CapitaLand, CDL, Ascott Reit to redevelop Liang Court into mixed-use complex

Damaged Festival Walk mall in Hong Kong remains closed

CapitaLand to sell The Star Vista for S$296m

aiTrust's private placement raises S$150m

Shophouses in Bali Lane, Duxton Road up for sale by tender

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