Kaisa Said to Hire Citigroup, UBS, Credit Suisse for Sale of Senior Notes

Kaisa Group Holdings Ltd., a property developer in China’s Pearl River Delta, hired Credit Suisse Group AG, Citigroup Inc. and UBS Group AG to help it sell senior notes.

The proceeds will be used to repay debt, including an $86 million secured loan, as well as finance existing and new projects, it said in a statement to the Hong Kong stock exchange today.

The company plans to meet with investors in Asia, Europe and the U.S. starting April 14, the statement said.

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