28.06.2016 13:16:00
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Baosteel Group Corporation -- Moody's: Proposed restructuring of Baosteel and Wuhan Steel is credit negative for Baosteel
Hong Kong, June 28, 2016 -- Moody's Investors Service says that the proposed restructuring of Baosteel Group Corporation (Baa1 negative) and Wuhan Iron & Steel (Group) Co. (WISCO, unrated) -- if completed -- is credit negative, and will pressure Baosteel Group Corporation's ratings.