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China park operator warns of cashflow woes as virus shuts gate

2020/2/17 16:58:03
A Chinese national park operator risks becoming the first high-profile victim of the coronavirus outbreak in the country’s nascent asset-backed securities market, warning against a weakening ability to generate cashflows.

Slender West Lake Tourism Development Group Co., which runs a top-rated national park in the eastern city of Yangzhou, said a statement Wednesday that the epidemic is having a negative impact on its 2.2 billion yuan ($320 million) asset-backed notes.

Slender West Lake issued the bond-like product in October 2018, using income streams from ticket sales as its underlying asset.
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三亚御海棠豪华精选度假酒店交通指南

酒店位于三亚市中心以东,地处海棠湾海棠北路上,紧邻海边,闹中取静,环境怡人。
- 距离三亚汽车总站33.4公里;
- 距离三亚火车站43.3公里。
- 距离三亚凤凰国际机场44.9公里。

所属商业区:海棠湾
酒店区域:海棠湾度假区
酒店地址: 海南省 · 三亚 · 海棠湾度假区 · 海棠北路(海棠湾近风塘路)