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10.06.2016 11:44:00
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Semiconductor Manufacturing Int'l Corp. -- Moody's: Semiconductor Manufacturing International Corp's rating unaffected by planned convertible and domestic bonds
Hong Kong, June 10, 2016 -- Moody's Investors Service says that Semiconductor Manufacturing International Corporation's (SMIC, Baa3 stable) plan to issue $450 million in zero coupon convertible bonds, and RMB2.1 billion of 1-year and 3-year domestic bonds will not immediately affect its Baa3 issuer rating, or the stable outlook on the rating.
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