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Kaisa Group Holdings Ltd. failed to win bondholder approval for a $400 million debt swap designed to avert default, in a development that could spur contagion risk just as global investors return to offshore property bonds.
Kaisa Group Holdings Ltd. failed to win approval from bondholders for a debt swap designed to avert default.
How the Federal Reserve responds to faster inflation is the biggest risk for corporate credit over the next year, according to one of the world’s largest bond investors.
A state agency approved $700 million in bonds to refinance debt used for One World Trade Center, the tallest building in New York City, located on the site of the towers destroyed on Sept. 11, 2001.
United Airlines Holdings Inc. plans to move the network operations center that coordinates its flights globally to a Chicago suburb next year, slashing headcount at the carrier’s world headquarters at Blackstone Inc.’s Willis Tower.
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