Saturday, June 3, 2017

Here’s How a Chinese Tech Firm Borrowed $2.1 Billion in a Hurry

Source: https://www.nytimes.com/2017/06/03/business/dealbook/china-finance-leeco-debt-shadow-banking.html?partner=rss&emc=rss
June 03, 2017 at 07:01AM

Stumbling after it got overextended, LeEco was still able to raise billions of dollars from shadowy lenders and from investors large and small.

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