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Some offshore bondholders of embattled Chinese developer Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to advise them on the matter, a source with direct knowledge told Reuters on Tuesday.
By Anshuman Daga SINGAPORE (Reuters) - Some offshore bondholders of embattled Chinese developer Kaisa Group who did not receive coupon payments this m.
Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares on Friday as a report said it was offloading assets to help pay debts of more tha
After Kaisa was unable to make payments due on a wealth-management fund it sold to retail investors, it requested a trading halt in four linked companies..EGRNF