Thu 08/26/2021 02:12 AM
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UPDATE 1: 2:12 a.m. ET 8/26/2021: The trustee - Bank of New York Mellon - to the $600 million 7.5% bonds due 2021 issued by Granda Century Limited and guaranteed by Suning Appliance Group Co., Ltd., has notified bondholders in a notice that it has received materials from Suning Appliance with respect to the formation of a financial creditors committee (FCC) for Suning Appliance.


The formation of the FCC is to “deal with the debt exposures of Suning Group actively and properly,...
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