21.08.2015 09:23:00
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Tianjin Binhai New Area Cons & Invt Group Co. -- Moody's: Tianjin Binhai C&I faces negative credit effects from accidental explosion in Tianjin
Hong Kong, August 21, 2015 -- Moody's Investors Service says that the chemical explosion which occurred in Tianjin on 12 August is credit negative for Tianjin Binhai New Area Construction & Investment Group Co. Ltd (TBCI, A3 stable) because it may impact the growth of the city, which could in turn weaken the municipal government's credit profile and support for TBCI.