A view of Beijing’s central business district on Tuesday, Nov. 23, 2021. Photo: Bloomberg.
A view of Beijing’s central business district on Tuesday, Nov. 23, 2021. Photo: Bloomberg.

Repeat Chinese defaulter Sunshine 100 misses payment on US$179 million of debt and interest

  • Sunshine 100 said it wouldn’t be able to repay the US$170 million of principal and more than US$8.9 million of interest on its 10.5 per cent senior notes due 2021
  • The company said in August that it wasn’t able to repay the principal, premium and accrued interest of its 2021 bonds

Topic |   Dealing with debt
A view of Beijing’s central business district on Tuesday, Nov. 23, 2021. Photo: Bloomberg.
A view of Beijing’s central business district on Tuesday, Nov. 23, 2021. Photo: Bloomberg.
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