13.08.2015 09:53:00
|
China Metallurgical Group Corporation -- Moody's: China Metallurgical Group's disposal of property companies in Nanjing is credit positive
Hong Kong, August 13, 2015 -- Moody's Investors Service says that the disposal of China Metallurgical Group Corporation's (CMGC) indirect equity interests in six real estate companies in Nanjing is credit positive and supports its Baa3 issuer rating, the Baa3 guaranteed bond rating of its subsidiary MCC Holding (Hong Kong) Corporation Limited, and the provisional (P)Baa3 guaranteed bond rating for its subsidiary China Jingye Construction Engineering (Singapore) Pte Ltd.