Suning $685 million from the Chinese state. But creditors (including Oaktree) are filing lawsuits
As Caixin mentioned, Suning.com It receives a lifeline worth 5 billion yuan ($685 million) from City Trust and China Huarong Asset Management, with
Zhang Jindong Bain Capitalmultiple City Trust China Huarong Asset Management China Huarong Citic Trust
Source: hardwoodparoxysm.com