Kaisa was on the verge of bankruptcy last year but the situation improved after the Shenzhen government partially lifted sale restrictions on its developments. Photo: Reuters

Kaisa’s debt restructuring plan gains support from over 80 per cent of overseas creditors

Investors led by Farallon Capital Asia and BFAM Partners (Hong Kong) agree to restructuring plan after ‘certain modifications’ to terms

Topic |   China property

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Kaisa was on the verge of bankruptcy last year but the situation improved after the Shenzhen government partially lifted sale restrictions on its developments. Photo: Reuters
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