Firm Backed by Embattled Hanergy Misses Debt Payment Worth Millions
Jan 21, 2020 07:28 PM By Luo Guoping and Lu Yutong
A company backed by embattled solar firm Hanergy Mobile Energy Holding Group. Co. Ltd. failed over the weekend to repay a tranche of debt raised to finance a factory project, and more payments are set to be missed through the end of February, according to a document obtained by Caixin. (..) The document said that neither Yingkou Jinneng nor its guarantor would be able to repay the debt in a timely manner, and that they had no specific plans to address the debt. (..) Only part of the proceeds raised from the debt issuance went to the project, they said. (..) The financing products mostly raised funds from Hanergy staffers. Several of them told Caixin that they were urged by the company to buy and promote the products in 2018, with those who didn’t at risk of losing their jobs. Hanergy also reportedly encouraged its employees to borrow money to invest at the time, and around 10 banks including Huaxia Bank Co. Ltd., Bank of Nanjing Co. Ltd. and China Minsheng Banking Corp. Ltd. offered unsecured loans to its employees. (..)
Quelle : https://www.caixinglobal.com/2020-01-21/...th-millions-101506839.html
DieWahrheit
|