China's Kaisa Group to issue US dollar-denominated mandatory convertible bonds, senior notes
29/11/2024 13:33
Nov 29 (Reuters) - China-based property developer Kaisa Group 1638.HK said on Friday it would issue a combination of U.S. dollar-denominated senior notes and mandatory convertible bonds to creditors as part of its efforts to restructure $12.27 billion of outstanding debt. (Reporting by Roshan Thomas in Bengaluru; Editing by Shinjini Ganguli) ((Roshan.Thomas@thomsonreuters.com;))
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