Moody’s revises S.F. Holding view to negative

Moody’s Investors Service said it revised the outlooks for S.F. Holding Co., Ltd. and SF Holding Investment Ltd. to negative from stable.

“The negative outlook reflects our expectation that slowing economic growth, intensifying competition and heavy investment requirements will continue to pressure SF’s financial profile over the next 12-18 months,” said Lina Choi, a Moody’s senior vice president, in a news release.

Moody’s affirmed the A3 issuer rating of S.F. Holding Co. and backed senior unsecured rating on the bond of SF Holding Investment that is guaranteed by S.F. Holding Co.

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