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Analysis

Pacific Andes top 50 creditors owed over $1.5bn; Rabobank most exposed

Top unsecured creditor Rabobank owed $326m, with lenders such as Standard Chartered, DBS, Bank of America, HSBC and CITIC also on top 50 list owed over $1.5bn

By Tom Seaman | July 1, 2016 10:09 BST
Processing in Pacific Andes Qingdao. Picture: Pacific Andes 2014 sustainability report
Processing in Pacific Andes International Holdings' plant in Qingdao, China. Picture: Pacific Andes 2014 sustainability report
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Pacific Andes International Holdings (PAIH) and fifteen other companies in the Ng family’s distressed group owe over $1.5 billion to unsecured creditors, with Dutch lender Rabobank the largest, documents show. [...]

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