Content area
Full Text
China's state-owned CITIC Group Corp. is ready to repay a [euro]450 million debt owed by the European unit of CEFC China Energy Co. Ltd. to Czech Republic-based J&T Finance Group SE, news portal Seznam Zprávy reported May 9, citing CEFC Europe Deputy Chairman Jaroslav Tvrdík.
Tvrdík was cited as saying that CITIC Group's chairman sent a binding bank guarantee to...