The Chinese property developer Kaisa Group Holdings LTD. boldly promises to “bring you joyful living.” For some of its international bond holders, the reverse seems to be the case as two of its U.S. dollar bonds officially defaulted on April 20.
The Chinese property developer Kaisa Group Holdings LTD. boldly promises to “bring you joyful living.” For some of its international bond holders, the reverse seems to be the case as two of its U.S. dollar bonds officially defaulted on April 20.