Moody's: Shenzhen Expressway and Shenzhen International's ratings unaffected by proposed acquisition of Yichang Expressway
Hong Kong, January 24, 2017-- Moody's Investors Service says that the proposed acquisition of Yichang Expressway has no immediate impact on the Baa2 issuer and senior unsecured ratings of Shenzhen International Holdings Limited and Shenzhen Expressway Company Limited. Their ratings outlooks remain stable. "The acquisition of Yichang Expressway is consistent with our expectation that SZEC and SZIH will replenish their toll road assets through acquisitions after the...
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