Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for China South Industries Group Corp. > News item |
Baoding Tianwei misses coupon payment on 2011 second issue MTNs
By Marisa Wong
Madison, Wis., April 21 – China’s Baoding Tianwei Group Co., Ltd. said it has not made the interest payment due on its 2011 second issue medium-term notes.
On April 14 the company issued a notice of extraordinary risk relating to the possible missed coupon.
According to an announcement on Monday, the company has not yet raised funds to cover the missed interest payment.
Baoding Tianwei is an enterprise group mainly focused on manufacturing power transformers. The company, owned by China South Industries Group Corp., is based in Baoding, China.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.