Shimao Property Holdings LimitedShs Aktie

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WKN: A0J3E1 / ISIN: KYG810431042

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15.03.2016 10:53:00

Shimao Property Holdings Limited -- Moody's: Shanghai Shimao's proposed private share issue and related transactions are credit positive for Shimao Property

Hong Kong, March 15, 2016 -- Moody's Investors Service says that Shanghai Shimao Co., Ltd.'s (unrated) proposed non-public share issue and related-party transactions -- if successfully executed -- will be credit positive for its parent, Shimao Property Holdings Limited (Ba2 stable), because the transactions will help control Shimao Property's total debt levels, strengthen the parent company's liquidity profile, and add clarity to its business strategies.

Vollständigen Artikel bei Moodys lesen