Moody's: Hua Han's ratings unaffected by its tender offer for senior notes
Hong Kong, November 30, 2016-- Moody's Investors Service says that Hua Han Health Industry Holdings Limited's offer to buy back its USD150 million senior notes will not immediately impact its Caa1 corporate family or senior unsecured ratings, or the negative outlook on the ratings. On 29 November 2016, Hua Han announced that it would purchase for cash all of the outstanding 7% senior notes due 2019. This move is the result of the company's failure to obtain an unqualified opinion...
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