(January 18 13:58) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Staff Reporter
Case Study:
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The outlook on all ratings remains negative.
Moody's Investors Service has downgraded garment manufacturer Pan Brothers's corporate family rating to Ca from Caa1 amidst high expectations of an imminent default and as the risk of debt restructuring draws closer.
The outlook remains negative on all ratings.
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