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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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杭州城中香格里拉大酒店交通指南

杭州城中香格里拉大酒店为嘉里中心物业非常重要的一部分,位于市区下城区中心地带,延安路及庆春路交汇处。酒店距离美丽的杭州西湖10分钟路程,宾客可非常便捷地乘坐地铁1号线和2号线。从酒店出发抵达高铁站约10分钟车程,抵达杭州萧山国际机场约35分钟车程。

所属商业区:西湖湖滨商圈
酒店区域:下城区
酒店地址: 浙江省 · 杭州 · 下城区 · 长寿路6号延安路嘉里中心