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Fitch downgrades China Fishery's issuer default rating

Thursday, July 7, 2016 - 05:50


FITCH Ratings has downgraded the beleaguered China Fishery Group's issuer default rating to "D" or "default" from "RD" or "restricted default".

No outlook has been assigned.

The downgrade follows China Fishery's announcement on June 30 that the company and its

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