Brief: Moody's Downgrades Greenland Holding's And Greenland HK's Ratings; Places Ratings On Review For Downgrade
18/10/2021 09:43
Oct 18 (Reuters) - Greenland Hong Kong Holdings Ltd
0337.HK :
* MOODY'S DOWNGRADES GREENLAND HOLDING'S AND GREENLAND HK'S
RATINGS; PLACES RATINGS ON REVIEW FOR DOWNGRADE
* MOODY'S-DOWNGRADE REFLECTS EXPECTATION GREENLAND'S CREDIT
METRICS AND LIQUIDITY WILL WEAKEN OVER THE NEXT 6-12 MONTHS AMID
TIGHT FUNDING CONDITIONS
* MOODY'S - DOWNGRADED THE CORPORATE FAMILY RATING (CFR) OF
GREENLAND HOLDING GROUP COMPANY LIMITED TO BA2 FROM BA1
Source text for Eikon: ID:nMDY90hdNR
Further company coverage: 0337.HK
((reuters.briefs@thomsonreuters.com;))
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