22.07.2015 08:55:00
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Global Logistic Properties Limited -- Moody's: GLP's new CLF II facilitates future expansion in China; no immediate rating impact
Hong Kong, July 22, 2015 -- Moody's Investors Services says Global Logistic Properties Limited's (GLP, Baa2 stable) announcement of the establishment of a new China-focused logistics infrastructure fund, CLF II, will lend extra support to its China expansion, but will have no immediate impact on its Baa2 issuer rating and stable outlook.