China Shanshui redemption obligations triggered; discussions underway

By Caroline Salls

Pittsburgh, Dec. 7 – China Shanshui Cement Group Ltd.’s board of directors said recent events triggered some company obligations to redeem its 2020 notes.

According to a news release, the board is considering and is in discussions with substantial shareholder Tianrui Group Co. Ltd. “on the way forward to effect the redemption of the 2020 notes.”

The cement manufacturing company is based in Jinan, China.

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