Brief: Fitch Downgrades Modern Land To 'C' On Distressed Debt Exchange

Modern Land (China)

14/10/2021 08:12

Oct 14 (Reuters) - FITCH:
    * DOWNGRADES MODERN LAND TO 'C' ON DISTRESSED DEBT EXCHANGE
    * CONSIDERS MODERN LAND'S EXTENSION OF BOND MATURITY BY
THREE
MONTHS A DISTRESSED DEBT EXCHANGE (DDE) AS PER ITS CRITERIA

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