04.12.2015 10:12:00
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China Three Gorges Corporation -- Moody's: China Three Gorges' acquisition of hydro-projects in Brazil will increase leverage; rating unaffected
Hong Kong, December 04, 2015 -- Moody's Investors Service says China Three Gorges Corporation's (CTG, Aa3 stable) announced acquisition of two hydro-projects in Brazil (Baa3 stable) will increase its financial leverage, with no immediate impact on CTG's Aa3 issuer rating, its baa2 baseline credit assessment, and its stable ratings outlook.