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Published Fri, May 17, 2019 · 09:50 PM
Huachen Energy
HUACHEN Energy said that it will "face difficulty" in making interest payments by Friday to holders of its US$500 million 6.625 per cent notes due 2020.
Huachen said: "Although its power plants maintain orderly operations, the company still faces a challenging funding environment and liquidity pressures. "The company is working on obtaining the funds necessary to make the interest payments as soon as possible."
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