Yihua Group’s bond defaults continue

Addison Gong

July 28, 2020 11:15 am

debt_adobe_575x375_20 — Businessman removes wooden blocks with the word Debt. Reduction or restructuring of debt. Bankruptcy announcement. Refusal to pay debts or loans and invalidate them. Debts service relief | Андрей Яланский - stock.adobe.com

China’s Yihua Enterprise Group Co has defaulted on yet another onshore bond, having recently extended payments on two deals that were set to mature this month.

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Topics

China Corporate Bonds Asia Greater China China Bonds Northeast Asia China Asia Pacific Emerging Markets

AG

Addison Gong

SSA editor GlobalCapital