"Kaisa, a developer that defaulted in 2021, has been avoiding restructuring talks with investors and…
Maria AcevedoJanuary 23, 2023
Analysts still have big questions on developers’ true levels of cash and debt. Many are…
Maria AcevedoMarch 5, 2022
If more cities follow, developers may avoid facing up to the reality that household demand…
Maria AcevedoFebruary 28, 2022
This wave of distress has led to a crunch in the offshore junk-bond market. Spreads…
Maria AcevedoOctober 14, 2021