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The sale was much needed by Kaisa, which ranks as the second-largest Chinese debtor on the offshore bond market, with US$11.4 billion of outstanding bonds and US$200 million of perpetual notes due in 2026.
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Tags Francis Choi Kaisa Karson Choi Ka-tsan Kwok Hiu-ting Kwok Ying-shing Sing Tao Toy King
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