Kaisa: Chinese developer talks with bondholders as default looms

Shares in the group slipped sharply on Friday after it said it had failed to secure the minimum 95% approval needed from offshore bondholders to carry out an exchange offer of its 6.5% offshore bonds due Dec. 7, without which it could risk default.

A group of offshore bondholders who say they own 50% of the debt in question and their financial…

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Alec Baldwin: I Was Told ‘Rust’ Gun Was ‘Cold’

Transportation Department employee training says women, non-White people are ‘oppressed’