China Railway Materials Seeks Debt Restructuring Amid Bond HaltBy
Firm met with 19 lenders on April 5, reported on conditions
More state-backed companies have stumbled in China debt market
China Railway Materials Co., a government-backed company that halted trading of its bonds earlier in the week, said Wednesday it’s seeking to restructure its debt.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.