China's CEFC set to pay bond interest as deal empire fails

With deals failing, struggling CEFC from China looks set to meet its interest payment on a dollar bond days after defaulting on a separate debt obligation in the domestic market.

by Bloomberg News

Beleaguered CEFC China Energy Co. is set to meet an interest payment on a dollar bond, just days after defaulting on a separate debt obligation in the domestic market and as more of the once-promising energy conglomerate’s ambitious deals fail.

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