Suntech Defaults on Bond Payment - 24/7 Wall St.

03/18/13

Suntech Defaults on Bond Payment
24/7 Wall St.
Bondholders who did not agree to any forbearance are reported to be demanding that the trustee file an involuntary bankruptcy notice. If such a filing should occur, the bankruptcy could be either a Chapter 7 liquidation or a Chapter 11 reorganization.

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