China Fishery Downgraded to Default at Fitch After Coupon MissBy
Fitch cuts bond rating to `restricted default' on nonpayment
Company in talks with bondholders to restructure dollar notes
China Fishery Group Ltd.’s credit rating was downgraded by Fitch Ratings to Restricted Default after the Hong Kong-based company failed to pay a semi-annual coupon within a grace period.
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