About Risesun mgl Peru
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3 FAQs about [Risesun mgl Peru]
What is risesun MGL?
RiseSun MGL is a high-tech enterprise focused in research and industrialization of new energy vehicle Li-ion power battery, energy storage Li-ion battery and key materials of Li-ion battery. MGL takes the lead in the world in scale up manufacture and marketization of Mn-based Li-ion battery.
How much money does risesun MGL need to repay?
The firm needs to repay $292 million for a bond maturing Jan. 18 and a further $487.7 million for a note due April 24. It has proposed to swap the securities with those not due until 2023 or 2024. RiseSun MGL, founded in 2002, also develops energy storage and new materials technologies, according to its website.
Who is risesun?
RiseSun is one of China’s indebted developers seeking to mop up cash amid tight liquidity and signs of funding stress following a government crackdown on the property sector that triggered defaults by China Evergrande Group and others. China’s Debt-Saddled Developers Could Face More Sales Setbacks
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