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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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无锡鼎尚皇冠酒店位于无锡市东亭中路(锡山开发区内、锡山区政府旁),距沪宁高速入口2公里,新区工业园3公里,距太湖风景区15公里,灵山景区35公里。 【前往酒店】
-市中心三阳广场5公里,搭乘出租正常15分钟可到酒店,正常费用为20元。
-无锡火车站5公里,搭乘出租正常15分钟可到酒店,正常费用为20元。
-距离无锡机场8公里,搭乘出租车20分钟可到达酒店,正常费用为30
-35元。

所属商业区:广益东亭锡山产业园区
酒店区域:锡山区
酒店地址: 江苏省 · 无锡 · 锡山区 · 锡山区东亭中路20号