China’s Huachen Energy Risks Fresh Default on $956 Million Debt
Chinese power generation firm Huachen Energy Co. told a group of bondholders that it faces difficulties repaying $956 million in bonds due in December, raising the risk of fresh delinquencies on debt it first defaulted on five years ago.
<p>Chinese power generation firm Huachen Energy Co. told a group of bondholders that it faces difficulties repaying $956 million in bonds due in December, raising the risk of fresh delinquencies on debt it first defaulted on five years ago.</p>