Edition:
India

PARKSON Retail Group Ltd (3368.HK)

3368.HK on Hong Kong Stock

0.99HKD
15 Dec 2017
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Wed, Nov 15 2017

BRIEF-Parkson Retail Group ‍says Q3 loss attributable RMB23.7 mln

* ‍Total operating revenue for Q3 increased by 1.6 pct to RMB1,087.4 million​

Fitch Downgrades Parkson to 'CCC' as Bond Maturity Looms

(The following statement was released by the rating agency) HONG KONG, November 08 (Fitch) Fitch Ratings has downgraded China-based department store operator Parkson Retail Group Limited's Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'CCC' from 'B-' to reflect rising uncertainty over the company's plans to refinance or repay its USD500 million bonds maturing in May 2018. KEY RATING DRIVERS Bond Maturity Approaching: The downgrade reflects the poor outlook on the company's

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