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Analysis

Fitch: China Fishery ops remain sound

But negative rating for Pacific Andes subsidiary reflects need to refinance $250m Copeinca bond

By Undercurrent News | Nov. 27, 2014 16:52 GMT
Anchovy fishing in Peru. Photo: Copeinca
Anchovy fishing in Peru. Photo: Copeinca
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China Fishery Group's operations remain sound and deleveraging is on track with the refund from the long-term supply agreement (LSA) with Russian suppliers, said Fitch Ratings in a note on Wednesday [...]

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