24.11.2014 10:12:00

KCC Corporation -- Moody's: KCC's rating unaffected by real estate sale and Hyundai Heavy share purchase

Hong Kong, November 24, 2014 -- Moody's Investors Service says that KCC Corporation's announcement that it will divest its real estate in Suwon and increase its stake in Hyundai Heavy Industries Co., Ltd. (HHI, unrated) has no impact on the company's Baa2 rating or stable rating outlook.

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