Tag Archive | "Default"

China BAK (CBAK) Receives Default Notice for Shenzhen BAK

China BAK (CBAK) Receives Default Notice for Shenzhen BAK As previously disclosed, on December 17, 2013 and January 8, 2014, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery, Inc. (Nasdaq: CBAK) entered into two loan agreements (the “Loan Agreements”) with … Read more on StreetInsider.com (subscription)

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Xuzhou Zhongsen Said to Avert Bond Default on Guarantor Aid (1)

Xuzhou Zhongsen Said to Avert Bond Default on Guarantor Aid (1) … way of raising funds outside the network of so-called shadow banks. Smaller companies seeking to sell debt as part of the trial program wouldn't have to meet net asset or profit requirements, the Shanghai and Shenzhen stock exchanges said in May 2012. Read […]

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