Moody's affirms Parkson Retail Group

Moody's Investors Service said it affirmed Parkson Retail Group Ltd.'s Ba1 senior secured bond rating following the successful closing of its $200 million bond issuance.

The outlook is stable.

The company's revenues were RMB 1.2 billion and net income was RMB 248 million in 2005, Moody's said.

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