05.01.2015 10:00:00

STATS ChipPAC Ltd. -- Moody's: No impact on ratings following JCET-SC pre-conditional voluntary offer to acquire STATS ChipPAC

Hong Kong, January 05, 2015 -- Moody's Investors Service says JCET-SC (Singapore) Pte. Ltd.'s (JCET-SC, unrated) pre-conditional voluntary offer to acquire STATS ChipPAC Ltd. has no impact on the STATS ChipPAC's Ba3 corporate family rating and senior unsecured bond rating. The ratings remain on review for downgrade.

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