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1638 — Kaisa group News Story

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Brief: Kaisa Commenced Consent Solicitation From Eligible Holders Of Notes As Of Dec 1

Dec 2 (Reuters) - Kaisa Group Holdings Ltd 1638.HK:

KAISA COMMENCED CONSENT SOLICITATION FROM ELIGIBLE HOLDERS OF NOTES AS OF DEC 1

PRINCIPAL PURPOSE OF CONSENT SOLICITATION TO AMEND TERMS OF INDENTURES TO PAY MINIMUM CASH INTEREST ON NOTES PAYABLE ON DECEMBER 28

INTEREST PAYMENT SHARES WILL BE ALLOTTED AND ISSUED AT THE ISSUE PRICE OF HK$0.5 PER  SHARE

INTEREST PAYMENT ARRANGEMENTS IN INDENTURES  TO PAY MINIMUM CASH INTEREST ON NOTES SHALL BE PAYABLE ON DECEMBER 28

Further company coverage: 1638.HK

 ((Reuters.Briefs@thomsonreuters.com;))

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