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BRIEF-China Sichuan Coal fails to fully repay principal on 500 mln yuan bond
September 29, 2017 / 9:56 AM / 2 months ago

BRIEF-China Sichuan Coal fails to fully repay principal on 500 mln yuan bond

Sept 29 (Reuters) -

* China Sichuan Coal Industry Group failed to fully repay principal on 500 million yuan ($75.18 million)bond due Sept. 28, it said in a statement posted on the Shanghai Clearing House website.

* Company cites cyclical industry downturn for failure to pay the three-year bond. ($1 = 6.6504 Chinese yuan) (Reporting by Beijing Monitoring Desk)

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