Winsway Coking Coal Holdings Limited -- Moody's downgraded Winsway to B2; outlook negative (Simplified Chinese translation)
/nwsys/www/images/PBC_148765 ?? ??? – ????? ????? Moody's Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????? - ???? ????? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??????: Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????????? 1 ??????????? B2;???? (?????????????????,???????) ??, 2013 ? 1 ? 2 ?—????????????????????? ????????? B1 ??? B2,?????????????? B2 ? ?? B3? ???????? ???????????? 2012 ? 10 ? 4 ????????? ???? ??????????????:“???????????????? ????? 2012 ?????,??? 2012 ??????????,?? ???????????” ????? Freight Investors Services(FIS)???,????????? 2012 ???????? 200-220 ???? 2012 ? 9 ????? 140 ??? ?,??? 4 ?????????? 160 ????? ??,????????????? 2011 ????? 234 ?????? 2012 ????? 20 ????? ??,????????? Grand Cache Coal Corporation(GCC)???? ???????????, GCC ?????????????????? ??? ??,??? Westshore ????????????? GCC ?????, Westshore ???????????? ????????? 2 2012 ? 12 ? 7 ?,????? Westshore ?????????????? ??????????????????,?? 60%????????? ??,??????????????? ?????:“???????????????????????,? ?????????????????????????” ??????????????,???????? 2012 ??????? ?????????? /????(??????)????? 2012 ? 6 ? ? 85%? 2011 ??? 174%?? 2012 ??? 70%?????,????? ??????????,???????,????????????? ?????? ??,?????????????????????,??????? ??????????? 2013 ?,????????????????? ?????????? ??,??????????????,?????????????? ??????????,??????????? 2013 ????????, ??????????????? ????????,???????????: (1)??????????, ? EBITDA ???????? 10%-12%;(2)????????????? ??????,??????????;? (3)GCC ?????????? ???? ????,???????????,????????,?????? ??????: (1) ????????????????????;(2) ?? ??????????????,?????????; (3) GCC ???? ?????,??????????????;? (4) ????????? ?? ????????????????,?????????????,? ????????????? ????????? 3 ?????????????????????????,??????: (i)????,????????????????;(ii)???????? ?; (iii)?????????;??(iv)???????????????? ???????????????????????????,???? ????????????????? ???????????????????????,???????? ???????????????????????????????? ??????,?????????????????????? 2010 ? 10 ?????????,????? CEO ????? 49.7%??? ???? ???????????????????????????????, ???????????(??: One Canada Square, Canary Wharf, London E 14 5FA, UK)???????????? Regulation (EC) No 1060/2009 ? 3 ?? 4 ?????? ?????????????????????? ???????????,??? www.moodys.com? ??????????????????????,????????? ????????????????????(?????????,? ???????????)???????????????????? ???????,???????????????????????? ??,????????????????????????????? ????????,???????????????????????, ??????????????????????,????????, ???????????????????????????????? ???? www.moodys.com ???/?????????? ????????????????????,??????????? ???? ????????????????????:??????????? ???????????????????? ???????????????????????????????? ?????????? ????????? 4 ???????????,???????????????????? ????,?????????????,??(???)?????? ????????????,??????????????????? ????????????? ?????????????,??? www.moodys.com ??????? (A) ?? MCO ?????( 5% ??)???,?(B) ?? MCO ???? ????????????????????,?? (C) ?? MIS ???? ???????????????? MCO ?? 5% ??????????, ??? www.moodys.com ?????????????????????? ????( Moody’s Corporation)?????????,???????? ???????? ???????????????????????????,??? www.moodys.com ?????????????????? ???????????????,??? www.moodys.com ????/? ?????????? ???????????????????????????????? ??????,???????????,????????????? ???????????????????????????????? ?? www.moodys.com ??????? ??????????????????????????????,? ?? www.moodys.com? Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 -?- ????????? 5 © 2013,?????????(Moody’s Investors Service, Inc.)?/??????????,?????“??” ( MOODY’S)?????,????? ????????? (“MIS”)???????????????????????????????????? ???????????,??????????????( “?????”)??????????????? ????????????????????????????????????????????????? ?????,?????????????????????????????????,??????:?? ????????????????????????????????????????????????? ???????????????????????,????????????????????????? ????????,???????????????????????????????????????? ????????????????,???????????????????????????????? ???????? ???????????? (?????????)??,??????????,????????????? ??????????????????????????????????????????????,?? ????????????????????????????????????????????????? ????????????????,?????? “???”???,?????????????????? ????,????????????????????????,?????????????,??(?? ?)??????????????????,???????????????????????????? ????????????,??( a)??????????????????????????????? ???????(???????)??????????(?????????????????????? ????????)???????????????????????,?( b)???????????? ??????????????(???????????),??????????,?????????? ??????????????????,?????????????????????????????? ??????????????????????(???)??????????????,??????? ????????????????????????????????????????????????? ????????????????????????????????????????????????? ?????????????????????????? ?? (????(MCO)?????????????)????,????????????(???????? ?????????????)?????????????????,????????????????? ?????????,?????? $1,500 ??? $2,500,000 ???????(MCO)???(MIS) ?????? ??,??? MIS ????????????MCO ??????????????? MIS ????????? ????????????? MCO ?? 5% ???????????????????,????????? ?????? www.moodys.com“???? — ???? — ?????????” ?????? ?????????????????????? Moody’s Investors Service Pty Limited ABN 61 003 399 657 ??, ???????????????,??? 336969????????? 2001 (Corporations Act 2001)? 761G ?? ?????????????????????????,?????????,???? ”????”,??? ?? ”????”????????,???????????????????? 2001 (Corporations Act 2001)? 761G ?????”????” ?????????? ???????, Moody’s Japan K.K.(“MJKK”)? 2010 ? 10 ? 1 ????????????? MJKK ????? ????????????????????????????????,??? “??”(MIS)?????“MJKK” ??? MJKK ? Moody's Group Japan G.K.??????????????,? Moody's Group Japan G.K.?????? (MCO)???????? Moody’s Overseas Holdings Inc.????? ??????????????????????????,?????????????????????? ???????????????????????????????,????????????,???? ????????????? ]]>
