China Defaulter to Repay 35%


China Defaulter to Repay 35%
BY DINNYMCMAHON — Yang Jie contributed to this article.
The Wall Street Journal Europe
May 5 2015

BEIJING—The first Chinese company to default on the principal of a locally issued bond said it will repay investors 35% of what it borrowed. Cloud Live Technology Group Co., a restaurant chain turned tech company, will also repay all of the interest…read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s