Date: 5 months ago   Category: Markets

The Chinese company has decided to satisfy debts ham


Chinese livestock holding Chuying Agro-Pastoral Group Co Ltd., which is on the verge of bankruptcy, I have suggested holders of the bonds to pay off on debts with own production — ham. The Reuters agency with reference to the message of the company reports about it. The company is ready to satisfy partially debts on bonds money, and partially — ham and meat sets of own production. The agency notes that the similar offer has pleased investors — stocks of the company at the exchange have flown up for 10 percent to week peaks. Materials on teme00:01 — Have bought on November 7 a stabilnostrossiya sees in problem dollar. But for Africa he became a spaseniyemna to this week holding already has allowed a default on one of issues of own bonds. The general size of a debt of the company is estimated at 271 million yuans (about 39 million dollars). The company has noted that at the moment representatives of holding conduct negotiations with investors on realizing the "ham for percent" program for repayment of the main part of a debt. Two options will be offered to owners of papers. The first includes partial repayment with meat, the second — only money, but in the latter case the company asks creditors to wait when the enterprise has available funds. It is more than important news in Film of Day Telegram-channel. Subscribe!

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