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Analysis

Moody’s downgrades China Fishery

Failure to refinance Copeinca bonds and poor forecasts for Peru's anchovy season are increasing risks of group's refinancing prospects, says credit agency

By Undercurrent News | Nov. 6, 2014 16:44 GMT
Peruvian fishmeal fleet catches 63% of anchovy TAC
Anchovy fishing in Peru.
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The credit agency Moody's Investors Service has downgraded its rating on China Fishery Group and its unsecured bonds from stable to negative [...]

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