Telecomunicaciones y tecnología

China's Sany seeks covenant waiver on $510 million debt: Basis Point

(Reuters) - Sany Heavy Industry Co Ltd <600031.SS>, a major heavy machinery maker controlled by one of China's richest men, is asking its lenders to waive a financial covenant on $510 million of loans, Basis Point reported, highlighting the growing risks facing the industry in an economic downturn.
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