China Energy Reserve, a would-be real estate magnate, misses payment on US$350 million bond – South China Morning Post


South China Morning Post

China Energy Reserve, a would-be real estate magnate, misses payment on US$350 million bond
South China Morning Post
China Energy Reserve & Chemicals Group Co. said it hasn't paid a US$350 million bond that matured earlier this month, in the latest example of China's deleveraging campaign choking off financing for some companies. The oil and gas producer, which has …

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