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Published on 6/16/2015 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Winsway Enterprises’ standstill agreement extended to June 22

By Caroline Salls

Pittsburgh, June 16 – Winsway Enterprises Holdings Ltd.’s standstill agreement with its senior noteholders has been extended to June 22 from June 15, according to a news release.

The agreement was extended pending ongoing discussions with the senior noteholders and potential equity investors.

At the request of the company, trading in Winsway shares on The Stock Exchange of Hong Kong Ltd. was halted on June 8.

Winsway is a Hong Kong-based importer of coking coal.


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