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Hongqiao gets covenant waiver

机译:虹桥获得盟约豁免

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Beleaguered aluminium producer china HONGAIAO GROUP LTD has obtained a waiver from lenders for a US$700m syndicated loan raised in June last year allowing the company more time to publish its financial accounts and for a continued suspension in the trading of its shares. Hongqiao has now received the required two-thirds majority consent from lenders for the waiver this week after failing to win the same by an earlier deadline of April 3. Sources said Hongqiao extended the deadline to April 21.
机译:陷入困境的铝生产商中国鸿海集团(HONGAIAO GROUP LTD)已获得放贷人的豁免,因为该公司去年6月筹集了7亿美元的银团贷款,使该公司有更多的时间发布其财务账目,并继续暂停其股票交易。由于未能在4月3日的最后期限之前赢得虹桥,虹桥本周已获得放贷人所要求的三分之二多数同意。消息人士称,虹桥将截止日期延长至4月21日。

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