Guanghui Energy to Extend 1.38-Billion-Yuan Guarantee for Connected Railway Party

MT Newswires Live11-03 13:25

Guanghui Energy (SHA:600256) will extend a joint and several liability guarantee of 1.38 billion yuan for connected party Xinjiang Hongnaosan Railway.

The guarantee relates to a 7.2-billion-yuan syndicated loan signed in 2014, a Tuesday filing with the Shanghai bourse showed.

Shares of the energy development company were down 1% in recent trade.

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