Halister News

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.

• To get this story sent to your inbox real-time, run NI INRATINGS , click on Display & Edit, then Set Alert Delivery

DOWNGRADES

• Chowdary Spinners
  • Bank loan facilities cut to B+ from BB- at Crisil
  • Cites weakening liquidity, reflected in stretched cash accruals
• Sharon Bio-Medicine
  • Long-term bank facilities cut to D from B+ at Care
  • Cites delays in debt servicing due to strained liquidity

UPGRADES

• Shri Jagdamba Polymers
  • Long-term bank facilities raised to BBB from BBB- at Care
  • Cites improvement in financial risk profile
• Utkarsh Micro Finance
  • Long-term bank facilities raised to A from A- at Care
  • Cites improvement in business and earnings profile and equity infusion

The Securities and Exchange Commission filing is accessible at: {SAN FP Equity CF} for the company's Edgar filings {SAN FP Equity CN} for all company news --ELIZABETH WOLLMAN

(Bloomberg) -- China will strengthen risk monitoring on property sector and precious metals trading for anti-money laundering, China Business News reported yesterday, citing PBOC Deputy Governor Guo Qingping as saying at a forum.

• Money laundering was found in property, precious metals trading, pawnbroking and artwork auctions, Guo said: report
• China will make efforts to create anti-money laundering supervision system in some non-financial industries, Guo said: report

Link (Chinese): http://www.yicai.com/news/5183999.html

See {NSN OI9181BE07I8 } for the Government Web Content - Latin America press release.