A Kaisa construction site in Shanghai. Photo: Reuters
A Kaisa construction site in Shanghai. Photo: Reuters

Kaisa’s desperate offshore bondholders offer to buy US$1 billion worth of its onshore loans in latest bid to rescue embattled developer

  • The bondholders have offered to buy Kaisa’s non-performing loans from its onshore creditors, including banks
  • The offer, if accepted, will improve their loan recovery chances in case of a liquidation

Topic |   China property
A Kaisa construction site in Shanghai. Photo: Reuters
A Kaisa construction site in Shanghai. Photo: Reuters
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