China’s HNA Says Directors, Senior Managers Buy Offshore Dollar Bonds

www.oann.com | 2/9/2018 | Staff
HONG KONG (Reuters) – China’s HNA Group, which is facing a severe cash crunch, said on Wednesday some of its board directors and senior managers have bought offshore dollar bonds guaranteed by the aviation-to-property conglomerate.

HNA did not give the names of those buyers in the statement, nor the value of the dollar bonds purchased. It did not immediately respond to an emailed request for details of the transactions.

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