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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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德清金银岛国际大酒店交通指南

酒店地处武康镇中心附近,位于北湖东街与云蛐北路交汇处,步行可至德清汽车总站,邻近德清火车站,旅游交通十分便利。
- 距离德清汽车总站约290米;
- 距离德清站约3.4公里;
- 距离杭州萧山国际机场约69.3公里。

所属商业区:德清县中心
酒店区域:德清县
酒店地址: 浙江省 · 湖州 · 德清县 · 北湖东街818号