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Hanergy Lenders Wary of Stock Drop Said to Request Meeting

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Banks that lent $82 million to Hanergy Holding Group Ltd. asked for a meeting to air their concerns after the company’s Hong Kong-listed unit lost nearly 50 percent of its value last week, people familiar with the matter said.

Lenders that participated in the 3.5-year syndicated loan for Hanergy Capital, including Bank Sinopac and ICBC Asia Ltd., have yet to get a response, the people said, asking not to be identified because they aren’t authorized to speak publicly. Hanergy Capital is a unit of Hanergy Holding Group.