September 11, 2018 / 9:12 AM / a month ago

CEFC Shanghai International warns on ability to make bond interest payments

SHANGHAI, Sept 11 (Reuters) - CEFC Shanghai International Group Ltd, a subsidiary of China CEFC Energy Co Ltd, said in a statement Tuesday that it is uncertain of its ability to make upcoming interest payments on a medium-term note.

The payments totalling 187.5 million yuan ($27.32 million) are due September 26.

CEFC Shanghai has defaulted on bond payments five times this year.

$1 = 6.8641 Chinese yuan Reporting by Andrew Galbraith; Editing by Simon Cameron-Moore

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below