05.01.2015 04:01:00
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CSR Zhuzhou Electric Locomotive Co., Ltd. -- Moody's: Merger of CSR and CNR is credit positive for CSR ZELC
Hong Kong, January 05, 2015 -- Moody's Investors Service said the merger of CSR Corporation Limited (CSR, unrated) and China CNR Corporation Limited (CNR, unrated) is credit positive for CSR's major subsidiary, CSR Zhuzhou Electric Locomotive Co., Ltd. (CSR ZELC, Baa3 stable).