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China park operator warns of cashflow woes as virus shuts gate

2020/2/17 16:58:03
A Chinese national park operator risks becoming the first high-profile victim of the coronavirus outbreak in the country’s nascent asset-backed securities market, warning against a weakening ability to generate cashflows.

Slender West Lake Tourism Development Group Co., which runs a top-rated national park in the eastern city of Yangzhou, said a statement Wednesday that the epidemic is having a negative impact on its 2.2 billion yuan ($320 million) asset-backed notes.

Slender West Lake issued the bond-like product in October 2018, using income streams from ticket sales as its underlying asset.
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所属商业区:金阳开发区
酒店区域:观山湖区
酒店地址: 贵州省 · 贵阳 · 观山湖区 · 中天路7号(金阳新区,近201大厦)

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贵阳中天凯悦酒店地址:贵州省 · 贵阳 · 观山湖区 · 中天路7号(金阳新区,近201大厦) 

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