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Kaisa bonds sink to new lows on fresh default fears
Published Tue, Jan 6, 2015 · 09:50 PM
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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 tumbled 14 cents to 32.7 ce…
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