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GLP & GLP China Downgraded to BBB-

by bondevalue | Apr 26, 2021 | China, Credit Ratings, High Yield Bonds

Investment management firms, GLP Pte Ltd (GLP) and GLP China Holdings Ltd were downgraded to BBB- from BBB with a stable outlook by S&P Global Ratings on Friday as GLP’s transition to an asset-light logistics fund management business is delayed. GLP...

GLP & GLP China Downgraded to BBB-

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