Investors, led by Farallon Capital, float alternative debt plan for China developer Kaisa

Investors, led by Farallon Capital, float alternative debt plan for China developer Kaisa

Visual from the company website

A consortium of investors in debt-laden Chinese developer Kaisa Group Holding led by Farallon Capital has drafted a proposal that would inject $650 million into the company and result in higher recovery for bondholders, documents seen by Reuters showed.

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