Moody views NagaCorp loan of up to US$80 million as “credit positive”
Chen Lip Keong, the founder and primary shareholder of NagaCorp Ltd., offered an up to US$80 million loan, which Moody's Investors Service rated as "credit positive." This loan is appealing as it will assist in meeting a corporate bond's 2024 maturity.
Additionally, according to Moody's, NagaCorp[...]
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