<article>Chinese coal miner and pig iron producer<a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Sichuan+Shengda+Group"> Sichuan Shengda Group Ltd</a> said on Monday that it has not been able to make full payments on time to bond holders.</article>

Chinese coal miner and pig iron producer<a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Sichuan+Shengda+Group"> Sichuan Shengda Group Ltd</a> said on Monday that it has not been able to make full payments on time to bond holders.
The privately-owned company issued 300 million yuan ($46.83 million) worth of bonds on Dec. 5, 2012, giving investors the option to sell back the debt in three years, with a fixed annual yield of 7.25 percent.
But Shengda said in a statement on Monday that it has not been able to make full payments on both principle and interests.
<h4>Reuters</h4>

Chinese coal miner and pig iron producer Sichuan Shengda Group Ltd said on Monday that it has not been able to make full payments on time to bond holders

China's Sichuan Shengda Group says unable to pay bond investors on time

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China's Sichuan Shengda Group says unable to pay bond investors on time

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