Kaisa Expects Offshore Debt Restructuring to Take Effect Sept. 15
MT Newswires Live
Sep 15
Kaisa Group (HKG:1638) said its offshore debt restructuring is expected to become effective on or around Sept. 15, subject to satisfaction or waiver of remaining conditions, according to a Sept. 12 Hong Kong bourse filing.
Shares of the property developer were down nearly 2% in Monday morning trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.