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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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上海皇廷花园酒店交通指南

酒店距离浦东机场为20分钟车程,距离迪士尼乐园仅9分钟车程,酒店步行2分钟即为地铁二号线华夏东路站。酒店至新国际博览中心仅为15分钟车程。酒店门口即为中环线唐黄路出口,酒店地理位置优越,由酒店至上海市主要交通枢纽四通八达。

所属商业区:迪士尼度假区
酒店区域:浦东新区
酒店地址: 上海市 · 上海 · 浦东新区 · 华夏东路1539号