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18.10.2016 09:44:00

Moody's downgrades two bonds supported by SBLCs from Chinese banks

Hong Kong, October 18, 2016 -- Moody's Investors Service has downgraded the ratings on two credit enhanced bonds supported by irrevocable stand-by letters of credit (SBLCs) respectively provided by China Merchants Bank Co., Ltd. (CMB), Shanghai Branch and Shanghai Pudong Development Bank Co., Ltd. (SPDB), Hong Kong Branch.

Vollständigen Artikel bei Moodys lesen