Kaisa Still Lacks Necessary Support for Restructuring PlanBy , , and
Creditors consenting to plan by Feb. 14 were offered 0.5% fee
Firm is 1st China developer to have defaulted on dollar bonds
Kaisa Group Holdings Ltd. still lacked the necessary support from creditors for its offshore restructuring plan as of Sunday, said Tam Lai Ling, the Chinese developer’s senior adviser.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.