31.08.2015 10:53:00
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Doosan Infracore International, Inc. -- Moody's: Doosan Infracore International's ratings unaffected by parent's convertible preferred shares issuance and capital reduction
Hong Kong, August 31, 2015 -- Moody's Investors Service says that Doosan Infracore International, Inc. (DII)'s parent Doosan Infracore Bobcat Holdings Co Ltd's (DIBH, unrated) convertible preferred shares (CPS) issuance and capital reduction will have no impact on DII's B1 corporate family rating and Ba3 rating on its $1.2 billion senior secured term loan, or stable outlook.