China Huarong International Holdings, an offshore arm of Chinese bad debt giant China Huarong Asset Management Co Ltd, said on Thursday that it had repaid a maturing dollar bond on time.
FILE PHOTO: The logo of China Huarong Asset Management Co is seen at its office in Beijing, China, April 16, 2021. REUTERS/Thomas PeterSHANGHAI: China Huarong International Holdings, an offshore arm of Chinese bad debt giant China Huarong Asset Management Co Ltd, said on Thursday that it had repaid a maturing dollar bond on time.
Huarong International made principal and interest payments on the maturing US$300 million bond on May 20, the company said in a post on its official WeChat account.
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