June 15, 2018 / 10:58 AM / 2 months ago

CEFC Shanghai International says facing uncertainty in bond repayments

SHANGHAI, June 15 (Reuters) - CEFC Shanghai International Group Ltd, a subsidiary of troubled China CEFC Energy Co Ltd, is facing uncertainty over its ability to make interest and principal payments worth 2.1 billion yuan, ($327.19 million), the company said in a statement on Friday.

The firm’s nine-month commercial paper matures on June 25.

$1 = 6.4183 Chinese yuan renminbi Reporting by Andrew Galbraith

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