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Tech Co. In China's 1st Bond Principal Default To Repay In Part

By Abigail Rubenstein ( May 4, 2015, 11:20 AM EDT) -- Restaurant chain turned technology company Cloud Live Technology Group Co. Ltd., which became the first Chinese company to default on the principal of an onshore bond in April, said Monday that it will repay interest and some portion of the principal that it owes....

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