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View Full Version : Vinashin's Binh Faces Jail After Debt Hurt Vietnam Rating - Bloomberg



NewsWhore
03-29-2012, 12:40 PM
Vinashin's Binh Faces Jail After Debt Hurt Vietnam Rating (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGbnxS7uyABq85u5b9W7B7awb7UfQ&url=http://www.bloomberg.com/news/2012-03-29/vinashin-s-binh-faces-jail-after-debt-hurt-vietnam-rating.html)
Bloomberg
Last year, the company asked holders of a local currency bond it defaulted on to write off as much as 90 percent of the money owed, bondholder Sabeco Fund Management said. The failure to pay the first installment on a $600 million loan in December 2010 ...

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