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Chinese developer Kaisa says has paid coupon due Oct. 16, will pay another Thursday By Reuters

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© Reuters. FILE PHOTO – A Kaisa Group construction site is visible in downtown Shanghai on February 17, 2015. REUTERS/Carlos Barria

HONG KONG (Reuters), a Chinese developer Kaisa Group stated Monday to Reuters that $39.4million worth of coupons for a $2 bond due Oct 16 was paid by it.

Additionally, the company stated that it will transfer $35.85 Million in coupon funds due on Oct. 22 to bondholders’ accounts on Thursday.

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