24.06.2015 13:04:00
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Sparkle Assets Limited -- Moody's: Fosun's acquisition of Phoenix Holding has no immediate rating impact
Hong Kong, June 24, 2015 -- Moody's Investors Service says that Fosun International Limited (Fosun)'s acquisition of Phoenix Holdings Ltd. (unrated) has no immediate impact on its Ba3 corporate family rating, Ba3 senior unsecured bond rating, and the Ba3 senior unsecured rating for the bond issued by Sparkle Assets Limited and guaranteed by Fosun.