12.05.2015 12:05:00

Sparkle Assets Limited -- Moody's: Fosun's proposed equity placement is credit positive

Hong Kong, May 12, 2015 -- Moody's Investors Service says that Fosun International Limited's (Fosun) proposed equity placement is credit positive, but will not immediately impact its Ba3 corporate family ratings, Ba3 senior unsecured bond rating, and the Ba3 rating on the bond issued by Sparkle Assets Limited and guaranteed by Fosun.

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