May 14, 2018 / 10:34 AM / 6 months ago

CEFC Shanghai unsure if it can pay principal, interest on bonds due May 21

May 14 (Reuters) - CEFC Shanghai International Group Ltd, a subsidiary of troubled China CEFC Energy, said on Monday it is uncertain whether it can pay the principal and interest on bonds worth 2.09 billion yuan ($329.82 million) due May 21.

CEFC Shanghai International is facing major pressure on its operations, the company said in a filing to Shanghai Clearing House. ($1 = 6.3368 Chinese yuan renminbi) (Reporting by Hong Kong newsroom; Editing by Kim Coghill)

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