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Title:
Covid-19 disruption leaves indebted Chinese manufacturer in limbo
Detail:
Debt-saddled GCL-Poly’s attempts to renegotiate $809 million of defaulted borrowings have been held up because of the coronavirus crisis unfolding in Europe, where one lender is based. Shareholders are due to vote tomorrow on a project sale which could generate $153 million of benefits.
Country:
International
Source:
PV-Magazine
Published Date:
28.04.2020
URL:
View Original URL
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Regions:
Africa Asia Australia Europe North America Oceania South America
Sectors:
Supply Construction Energy-Power and Electrical Computer Hardwares and Consumables
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