Chinese Conglomerate Huafa Seeks to Extend Some Debt Payments

Zhuhai Huafa Group Co. is negotiating with creditors to extend payment deadlines on some of its debts, according to CNN reporting. The conglomerate is majority-owned by the Zhuhai municipal government. The company has not issued a public statement about the debt restructuring discussions.

• Bloomberg — Chinese Conglomerate Huafa Seeks to Extend Some Debt Payments

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