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Delayed Quote. Delayed Nyse - 09/19 04:03:00 pm
94.73 USD   -0.55%
1d ago MOODY : downgrades Hidili's bond rating to Caa3
1d ago MOODY : Publishes Annual Report on Nova Scotia
1d ago MOODY : downgrades Costa Rica's government bond rating to Ba1 from Baa3
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Moody : downgrades Hidili's bond rating to Caa3

09/18/2014 | 11:23pm US/Eastern
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[ET Net News Agency, 19 September 2014] Moody's Investors Service has downgraded to

Caa3 from Caa2 the rating for the US$400 million 8.625% senior unsecured notes due

November 2015 (2015 Notes) issued by Hidili Industry International Development Limited

(01393).

At the same time, Moody's has downgraded Hidili's corporate family rating to Caa2 from

Caa1. The outlook for all ratings is negative.

The rating action follows Hidili 's announcement on 17 September 2014 that it is

commencing a tender offer and consent solicitation for the 2015 Notes. (KL)

(c) 2014 ET Net Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

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