Huarong Dollar Bonds Surge as Firm Said to Plan Note Repayment


From Bloomberg Markets and Finance.

Apr.15 — China Huarong Asset Management Co.’s dollar bonds swung higher after the embattled debt manager is reported to have prepared funds for a full repayment of a $450 million note due in just over a week. Investors are now looking at other key dates to get a sense of the company’s finances. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Markets: China Open.”

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