Chinese developer Sinic says likely to default on bond repayment

  • 10/11/2021
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Oct 11 (Reuters) - Chinese developer Sinic Holdings said on Monday it would likely default on its 2021 bonds, as it does not have enough financial resources to the make payments by their maturity date. (Reporting by Arundhati Dutta in Bengaluru, Editing by Louise Heavens)

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