China’s Sino Grandness in negotiations with bondholders for repayment

By Taylor Fox

New York, Sept. 14 – Sino Grandness Food Industry Group Ltd. is in negotiations with the bondholders on the extension of repayment of the amount due and payable to bondholders, according to a company announcement.

Sino should provide a proposal before Sept. 30 for the bondholders to consider.

Sino chief executive officer and chairman Huang Yupeng is leading the negotiations.

Based in Shenzhen, China, Sino Grandness is a manufacturer and distributor of bottled juices and canned fruits and vegetables.

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