UDC Finance may struggle to attract borrowers, investors, says S&P
HNA Group's ownership of UDC Finance is a big factor.
UDC Finance may have difficulty attracting debenture investors as well as borrowers if the proposed sale of the finance company to China-based HNA Group goes ahead.
That’s the view of international ratings agency Standard & Poor’s, which had already downgraded UDC from “AA-“ to “A-“ after ANZ
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Jenny Ruth
Mon, 30 Jan 2017
Mon, 30 Jan 2017
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UDC Finance may struggle to attract borrowers, investors, says S&P
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