Brief: Moody's Downgrades Shinsun To B3/Caa1 Places Ratings On Review For Downgrade

Shinsun Holdings Co

20/12/2021 09:41

Dec 20 (Reuters) - Shinsun Holdings Group Co Ltd  2599.HK :
    * MOODY'S DOWNGRADES SHINSUN TO B3/CAA1; PLACES RATINGS ON
REVIEW
FOR DOWNGRADE
    * MOODY'S SAYS DOWNGRADE REFLECT CO'S HEIGHTENED REFINANCING
RISKS
BECAUSE OF ITS WEAKENED FUNDING ACCESS, SIZABLE DEBT MATURITIES
OVER NEXT 6-12 MNTHS

Source text for Eikon:  ID:nMDYc8Msgw 
Further company coverage:  2599.HK 

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