Moody's assigns first-time B2 to Xinhu Zhongbao; outlook stable
Hong Kong, February 17, 2017-- Moody's Investors Service has assigned a first-time B2 corporate family rating to Xinhu Zhongbao Co., Ltd. and a B3 senior unsecured rating to the proposed USD notes to be issued by Xinhu Holding Company Limited, a subsidiary of Xinhu Zhongbao. The proposed notes will be guaranteed by Xinhu Zhongbao. The ratings outlook is stable.
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