China Railway Materials Co suspends debt trade, cites payment issues

SHANGHAI, April 11 (Reuters) - State-owned China Railway Materials Co Ltd said on Monday it had sought suspension of trade in 16.8 billion yuan ($2.60 billion) worth of its debt instruments, as the company struggles to make payments. [Source]

Origin: us.feedsportal.com

Category: industrialsSector

Topics: trade, Materials, Railway, China, payments, struggles, company, instruments, worth, billion), billion, suspension, sought, State-owned, (Reuters), April, SHANGHAI, issues, payment, cites, suspends

Source: http://reuters.us.feedsportal.com/c/35217/f/654235/s/4ed9e8b0/sc/24/l/0L0Sreuters0N0Carticle0Cchina0Edebt0Erailways0EidUSL3N17E17Z0DfeedType0FRSS0GfeedName0FindustrialsSector/story01.htm