Brief: China Yurun Food says late repayment triggered cross default provisions of certain new financial facilities
17/05/2016 12:07
May 17 (Reuters) - China Yurun Food Group Ltd 1068.HK : * Group has been proactively negotiating with the banks * Late repayment triggered cross default provisions of certain new financial facilities of group with an estimated RMB500 million * Board considers "possibility of immediate repayment of outstanding borrowings" as a result of situation "is not high" Source text for Eikon ID:nHKSbx52wy For more news, please click here 1068.HK Bengaluru Newsroom; +91 80 6749 1130
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