Wednesday, June 15, 2016

Debt investors pressure underwriter ICBC in Evergreen bond default

SHANGHAI, June 15 (Reuters) - Industrial and Commercial Bank

of China Ltd (ICBC), the main underwriter for a

defaulted bond by shipbuilder Evergreen Industries Holding

Group, will hold a second meeting with debt investors this week

following accusations it failed to fulfill due diligence and

disclosure requirements.

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