Friday, March 25, 2016

China's Dongbei Special Steel says it may be unable to make bond payment

SHANGHAI, March 25 (Reuters) - Dongbei Special Steel Group

Co Ltd may be unable to repay 852 million yuan ($131 million) of

principal and interest on short-term commercial paper maturing

Sunday, the unlisted firm said on Friday in a statement posted

on the website of one of China's main bond clearing houses.

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